224-unit Multifamily Asset Sold in the Houston Area

IPA sold the fully occupied property.

Ranch at Walker

WALLER, TX—The Ranch at Waller, a 224-unit, new-construction community, was sold to Oxford Enterprises Inc.

Located 30 miles from Houston, The Ranch at Waller is two miles from the Goodman Manufacturing plant and the Daikin Texas Technology Park, employing more than 6,000 people. Prairie View A&M University is also located close-by. The property is 100% occupied.

Will Balthrope, IPA executive director, Drew Kile, IPA senior director, Jennifer Campbell, IPA director and Michelle Kneeland, IPA represented the seller, T.R. Inscore and procured the buyer.

Institutional Property Advisors (IPA) is a division of Marcus & Millichap, a commercial real estate firm.