Ilan Investments Acquires 288-Unit Multifamily Property On Harmony Hills St. In Spring Branch From Vantage Communities

A multifamily property located at 395 Harmony Hills St. in Spring Branch has been sold in a recent transaction. The property consists of 288 units and was sold by Vantage Communities. The buyer, Ilan Investments, acquired the asset with the assistance of Institutional Property Advisors acting as the broker.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: Not provided
• Date: 09/02/2021
• Address: 395 Harmony Hills St.
• Market: Spring Branch
• Units: 288
• Buyer: Ilan Investments
• Seller: Vantage Communities
• Broker: Institutional Property Advisors

The sale of this multifamily property demonstrates the ongoing activity and investment interest in Spring Branch. The involvement of Ilan Investments as the buyer and Vantage Communities as the seller signifies the confidence in the market potential of this asset. The transaction was facilitated by Institutional Property Advisors, who played a crucial role as brokers in representing the parties involved.