HOUSTON–(BUSINESS WIRE)–January 25, 2022–
Keener Investments today announced the acquisition of a 318-unit multifamily property in the Houston Energy Corridor. The property will be managed by Keener Management, a wholly owned subsidiary of Keener Investments.
“We are thrilled to announce the acquisition of a prime multi-family property in the Houston Energy Corridor. Fuse at Park Row Luxury Apartments is located in the up-and-coming neighborhood of West Houston, which is a prime location for business and leisure,” said Stephen A. Smith, Managing Director of Keener Investments. “The Fuse at Park Row is a 1998 Class A multi-family property that is well positioned to benefit from both strong sub-market fundamentals and our proven value-added strategy known as Keener Cheeseburger.”
The fuse is mostly made up of stucco, stone, and Hardiplank exterior apartment buildings that sit behind secure access. The community spans 14.5 acres and features luxury amenities such as a resort-inspired pool with cabanas, covered poolside deck, modern fitness center with gym spin and yoga facilities, a newly renovated clubhouse and business center, playground, pet park and much more.
This fuse provides convenient access to major employment centers and attractive retail, entertainment and outdoor recreation including the Energy Corridor Business District, Downtown, Downtown, Mall and Memorial City Medical, Galleria, Top Golf and outdoor parks within walking distance. The community is located in Katy ISD, one of the highest rated school districts in Texas (ranked #1 in Harris County).
Keener Investments has now completed over $500 million in transactions since 2016 and continues to actively purchase multi-family communities in Texas.
About Keener Investments:
Keener Investments is a fully integrated real estate investment firm located in Houston, Texas. Keener Investments specializes in acquiring and renovating multi-family assets (apartment communities) that will benefit from our proven value-added strategy. For two consecutive years, Keener Management has been named one of Best Multifamily® Workplaces. Keener Management was ranked overall #9 and #12 nationally for 2020 and 2021, respectively. For women, Keener Management ranked #1 and #2 nationally for 2020 and 2021.
Please visit: www.keenerinvest.com.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220125006157/en/
CONTACT: Stephen A. Smith, Managing Director
Phone. : (713) 561-3071
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
SECTOR KEYWORD: PROFESSIONAL SERVICES SMALL BUSINESS RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & REAL ESTATE
SOURCE: Keener Investments
Copyright BusinessWire 2022.
PUBLISHED: 01/25/2022 16:31 / DISK: 01/25/2022 16:32
Copyright BusinessWire 2022.