Independence Commercial Advisors Brokers the Sale of Three Multifamily Properties in Houston MSA

Houston, TX January 11, 2022 – Independence Commercial Advisors is pleased to announce the sale of three multifamily properties in the Houston MSA.

Totaling 77-units the properties include, SYCAMORE PALMS APARTMENTS, MAGNOLIA MANOR, AND INWOOD VILLAGE TOWNHOMES.

Located at 4831 Sycamore Avenue, Pasadena, TX. Sycamore Palms Apartments is a 17-unit property built in 1963. The quiet property offers a mix of studio and one-bedroom layouts. Community amenities include laundry facilities, picnic, and grill areas.

Located at 180 W Texaco Avenue, West Columbia, TX. The 9 two-story building community, Magnolia Manor features 36-units of two-bedroom floor plans and is situated on 1.75 acres.

Located at 7830 Bayou Forest Drive, Houston, TX. Inwood Village Townhomes is a 6 two-story building community built in 1985. Situated on 1.92 acres the property offers 24-units of two-bedroom floor plans.

Richard A. Mireles represented the undisclosed seller and buyers in these deals.

For more information about our investment sales please contact us

About Independence Commercial Advisors

Independence Commercial Advisors is a leading San Antonio-based, full service commercial brokerage firm with extensive expertise in multi-family, self storage, and land transactions. Independence Commercial Advisors offers consulting, brokerage, investment sales, capital markets, and valuation services to corporations, institutions and investors throughout the State of Texas.

Evelyn A. Pinner