BRT Apartments Corp Acquires Multifamily Property In Katy For $68M

The multifamily property located at 3306 South Fry Road in Katy was recently sold for a total price of $68,000,000. The transaction took place on 05/11/2022 and was facilitated by BRT Apartments Corp. The property consists of 268 units, resulting in a price per unit of $253,731.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $68,000,000
• Address: 3306 South Fry Road
• Market: Katy
• Seller: BRT Apartments Corp - Jeffrey A. Gould
• Units: 268
• Price Per Unit (PPU): $253,731

The sale of this multifamily property was handled by Jeffrey A. Gould, representing BRT Apartments Corp. His expertise and negotiation skills played a crucial role in closing the deal successfully.