A Miami real estate firm has scooped up a 211-unit apartment complex in southwest Houston with plans to renovate the property once various stay-at-home orders subside. The purchase is a sign that some out-of-town investors are still long-term bullish on Houston’s apartment market despite the near-term significant downturn the city is facing.
Miami Investor Scoops Up Southwest Houston Apartments
Buyer Is Bullish on Houston Despite Pandemic Uncertainty
By Marissa Luck
CoStar News
April 17, 2020 | 8:45 P.M.
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- Properties
- Casa Azul Townhomes
12247 Sunset Meadow Ln, Houston, TX