Casoro Group has announced the sale of a multifamily complex in Houston.
The Quinn South at Westchase, a 298,276-square-foot multifamily complex, was originally purchased by Casoro in 2018.
“We are pleased by the successful sale of The Quinn South and look forward to the role it will play in fulfilling multifamily demand in the expanding Houston area,” says Casoro CIO Chi Hathiramani. “As much of The Quinn’s revitalization took place in the early stages of the COVID-19 pandemic, we applaud our property manager, CLEAR Property Management, along with the entire Casoro team for a stellar job in executing the business plan despite ever-changing conditions.”
Casoro’s acquisition of The Quinn South at Westchase was a strategic response to Houston’s growing population and infrastructure. The investment firm implemented a number of improvements to the property, including common area redesigns, exterior renovations, and the addition of premium apartments. The Quinn South now offers apartments at a wide range of price points to appeal to tenants regardless of their financial status.
Casoro also owns The Quinn North at Westchase, located on the same property at 2201 Hayes Road in Houston. The firm has revamped The Quinn North as well, and is currently seeking buyers for the property.