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BAYTOWN, TX-A private investor from Westminster, CA, has paid somewhere south of $1.6 million for the ailing, 75-unit Shady Hollow apartments here and is planning to sink at least $150,000 into the complex.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 10, 2025
Southern states are driving the boom with the most units completed in 2024.
July 10, 2025
Also, three of the top five markets are in Arizona.
July 10, 2025
Meanwhile, national occupancy is up year-over-year.