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.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription