McCann Realty Partners Acquires Properties in Texas, Virginia, USA.
MANews-(C)2009-2022
US-based multifamily investment firm McCann Realty Partners has acquired three properties totaling 838 apartment homes, including two garden-style communities in suburban Houston, Texas and one in suburban Richmond, Virginia in three separate transactions, the firm said.
Discovery at West Road (formerly known as Watermarke) is a two and three-story 280 home suburban-garden community built in 2005.
Park West End is a 312 home community built in 1985 in Richmond, VA.
Haven at Eldridge is a three-story 246 home suburban-garden community built in 2015, in the Houston MSA.
McCann said it will invest capital to upgrade the exterior finishes, interiors, and amenities at each asset.
All three properties will be managed by McCann's Atlanta-based affiliate property management company, Pegasus Residential.
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