Ilan Investments Acquires 384-Unit Parkside Place in Spring
Ilan Investments, a multifamily real estate investment firm based in Houston, has purchased Parkside Place, a 384-unit, Class A multifamily complex in Spring, TX, from Oden Hughes, an Austin-based development and construction firm. Terms of the deal were not disclosed.
Parkside Place was built in 2015 on more than 18 acres at 6220 FM 2920. Currently 86% occupied, the garden-style community features one- to three-bedroom apartments, and offers residents…
