One Real Estate Investment, based in Miami, has closed on the disposition of an 882 unit multifamily apartment portfolio in Houston, Texas for a combined $60 million. The portfolio includes the 41 building, 436 unit Avalon at Royal Oaks apartments located and Village at Uvalde, located at 250 Uvalde Road in Houston, with its 446 units in 41 buildings. ARA brokered the deal on behalf of the buyer, S2 Capital, LLC. One Real Estate has a portfolio of more than 5,500 multi-family residential units in Houston, Texas and in Miami-Dade County, Florida and a master-planned, seven-acre subdivision in North Florida that is scheduled to be the site of a major retail shopping center.
