BH Adds 350-Unit Pflugerville Asset to Texas Portfolio
Haven Housing, the multifamily and affordable housing platform of BH Properties, acquired The Dalton, a 350-unit, Class A garden-style apartment community in Pflugerville, Texas. The seller, TerraCap Management, was represented by Kevin Dufour with Walker & Dunlop. At the time of acquisition, the property was 94.3% occupied.
Built in 2022, The Dalton comprises 14 three-story buildings that offer an amenity-rich resident experience, which includes a resort-style pool, fitness studio, coworking and conference space, wine lounge, dog park, and garages with EV charging.
Jim Brooks, President of parent company, BH Properties added, “We have been a long-term investor in Texas since early 2002 where our portfolio now exceeds 5 million square feet in a combination of office, retail, and industrial properties. We anticipate Haven driving further growth in the residential sector.”
Situated on 21.5 acres, the property is only 2 miles from BH Properties’s 250,000 square foot retail center, Round Rock Crossing.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout