Josh Welch & Luke Fertitta Sell 460-Unit Multifamily Property For $56M In Houston, TX
700 Dunson Glen Drive
MultiFamily
488,576 SF
488,576 SF
Sold 1 year ago
Summary
Located at 700 Dunson Glen Dr. in Houston, Pasadena, TX, this multifamily property was recently sold in a closed transaction. The property spans a total of 488,576 square feet and consists of 460 units. The sale price for this transaction was recorded at $56,000,000, resulting in a per unit price of $121,739 and a price per square foot of $114.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $56,000,000
- Units: 460
- Price per Unit: $121,739
- Square Footage: 488,576
- Price per Square Foot: $114
- Market: Houston, Pasadena, TX
The sellers of this property were Josh Welch and Luke Fertitta. The transaction was facilitated by Matthew Peters, a representative from The Peters Team at Marcus & Millichap.
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700 Dunson Glen Drive
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