Houston’s Chartwell Court sells

Investors pool funds for purchase

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The 243-unit Chartwell Court apartment complex in Houston, Texas, has sold to tenant-in-common investors for an undisclosed price. The Lynd Co. sold the property at an approximately 91 percent occupancy. Totaling nearly 254,000 square feet and situated on more than 14 acres, the class A property comprises 19 two-story residential buildings, a clubhouse/leasing office and a pool. Average unit size is 1,043 square feet, and private garages are attached to each unit. ...