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Mosaic Residential Acquires The Columns At Westchase Apartments In Houston From ECI Group For Substantial Renovations

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SOLD
David Mitchell
SL

Texas

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MultiFamily
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SOLD

Mosaic Residential Acquires The Columns At Westchase Apartments In Houston From ECI Group For Substantial Renovations

3354 Rodgerdale Road

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MultiFamily
Sold
David Mitchell
SL
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The Columns at Westchase apartments in Houston has been sold by ECI Group to Mosaic Residential. The property, consisting of 318 units, underwent extensive renovations during ECI's ownership, which included upgrades to interiors, exteriors, and amenities.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 3354 Rodgerdale Road, Houston
  • Units: 318

Mosaic Residential, represented by Bob Weber, acquired The Columns at Westchase apartments from ECI Group, represented by Scott Levitt. The transaction was facilitated by David Mitchell of Newmark.

Players

David Mitchell
Newmark
David Mitchell
10 deals$150.3M volume
BROKER
MR
Mosaic Residential
BUYER
SL
Scott Levitt
3 deals$191.3M volume
SELLER

Details

SOLD
IMAGE: Bob Weber, Scott Levitt & David Mitchell DATE: 12/01/2023 ADDRESS: 3354 Rodgerdale Road MARKET: Houston ASSET TYPE: Multifamily ~ UNITS: 318 BUYER: Mosaic Residential (@MosaicResidential) - Bob Weber SELLER: ECI Group - Scott Levitt BROKER: David Mitchell - Newmark (@Newmark) NOTE: ECI Group has sold The Columns at Westchase apartments in Houston to Mosaic Residential after completing substantial renovations since acquiring the property in 2018. The 318-unit community underwent upgrades to interiors, exteriors, and amenities under ECI's ownership

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