California-based Starboard Realty Advisors recently announced the acquisition of Arden Woods, a Class A garden-style apartment community in Spring, Texas.
John Carr, Ben Fuller and Tonya Chaffin of Cushman & Wakefield represented the seller, a press release noted. A purchase amount was not disclosed.
The 308-unit complex offers one-, two- and three-bedroom floor plans with stainless steel appliances, granite countertops, ceiling fans, faux-wood flooring and in-unit washer and dryers. Select units also feature an attached garage.
Additionally, residents can take advantage of the property’s resort-style swimming pool and pavilions, barbecue grills and fire pit, a wooded area, dog park, storage units and a fitness center.
“The Arden Woods property is an excellent investment due to the projected 16.8% population increase in the surrounding area by 2026,” said Bill Winn, CEO of Starboard Realty Advisors, LLC. “We look forward to the opportunity it presents our investors.”