810-Unit Vista on Gessner Has New Owner
Dalcor Cos., a multifamily investment and management firm out of Dallas, has acquired the Vista at Gessner in Houston for $51 million, or nearly $63,000 per unit.
The 810-unit apartment complex was built in 1978 near Houston Baptist University, Memorial Hermann Hospital, PLazAmericas and New Chinatown at 6425 S. Gessner Dr. in the Sharpstown Multifamily submarket of southwest Houston.
Measuring 590,685 square feet, the complex consists of one…