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Thursday, March 11, 2010  

Multi-Family


3/25/2009

Houston apartment community listed for $10.3 million


Ashley Park, a 284-unit apartment community in Houston's Inner Loop, has been listed for sale for $10.3 million or $36,268 per unit.

The seller, a Southern California-based partnership, is being represented by Marcus & Millichap.

The property at 8410 W. Bartell Drive is near the Texas Medical Center in a major employment area. Ashley Place, built in 1983 on 7.1 acres, contains a mixture of one- and two-bedroom apartments. Recent improvements include new exterior paint and new appliances

The property has an assumable $7.66 million loan.

Address: 8410 W. Bartell Drive, Houston, Texas

Size: 284 units

Built: 1983

Filed Under: Multi-Family

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