• The Retreat at Cypress Station, located near Interstate 45 and FM 1960, was recently purchased by GPI Cypress Station LP.
  • The multifamily building features 296 units and is located near a popular area of northwest Houston.
  • On-site amenities include a pool, playground, nearby walking trails, fitness center and parking.

The Retreat at Cypress Station

A multifamily housing complex in Houston recently changed ownership in northwest Houston. The Retreat at Cypress Station at 18200 Westfield Place Dr., near FM 1960 and Interstate 45, was purchased by GPI Cypress Station LP.

The community offers a buisness center, fitness center and clubhouse. It also features outdoor amenities as well as a barbecue and picnic area, pool, playground, nearby parks and walking trails.

The apartment units each have a washer and dryer, towering ceilings, top-notch appliances, patio/balcony and hardwood floors. All units are accessible with a wheelchair.

Apartmets are either one- or two-bedroom units, spanning from 700 square feet to more than 1,140 square feet.

“The property is an outstanding value-add opportunity located within a high-visibility area of northwest Houston,”  Will Balthrope of Institutional Property Advisors — one of the seller representatives — said in a statement. “Previous ownership made significant common area improvements and began interior upgrades.”


Sitting on a scenic property with a pond and plenty of greenery, the Retreat at Cypress Station is just off the bustling section of the neighborhood but within arm’s reach.

Jennifer Campbell of Institutional Property Advisors, another seller representative, believes the new owner will reap renovation rewards.

“The upgrades and the property’s strategic location near major transportation arteries position it well for long-term stability and value appreciation,” she told Realty News Report.

A purchase price has not been disclosed.

Email Kimberly Manning

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
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