Sunday, September 7, 2008

Catalina Village Apartments in Houston Listing Goes to Marcus & Millichap

HOUSTON, TX – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has retained the exclusive listing for Catalina Village Apartments (top right photo), a 288-unit multi-family community in Houston.

Mark C. Hendricks, a senior associate and associate director of Marcus & Millichap’s National Multi Housing Group in Houston, is representing the seller.

“Catalina Village Apartments is an excellent opportunity to acquire a quality Class B multi-family community with a solid income and future upside in continued rental- rate growth along the Highway 288/Almeda corridor. In addition, Houston’s economy continues to remain vibrant,” says Hendricks.

Located at 3560 Dixie Road, the 334,800-square foot gated apartment community consists of 22 three-story buildings situated on 10.37 acres, just minutes from the ever-expanding Texas Medical Center, Midtown, University of Houston Main Campus and downtown Houston.

Built in 2003, Catalina Villages Apartments features a mix of one- and two-bedroom units. Interior amenities include wall-to-wall carpeting, energy efficient Whirlpool appliance packages, breakfast nook with bay windows, individual hot water heaters, well-appointed kitchens, mini-blinds, ceiling fans in every bedroom, pre-wired cable and second phone line, and large utility rooms with built-in shelving.

Press Contact: Stacey Corso,
Communications Department,
(925) 953-1716

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