HOUSTON — Berkadia has negotiated the sale of Crystal Falls, located at 10950 Westbrae Parkway in Houston. Chip Nash, Gregory Austin, Wade Schmitz and Bob Heard of Berkadia’s Houston office negotiated the transaction. The property was 96 percent occupied at the time of the sale. Built in 1984, the 165-unit property features studio, one- and two-bedroom floor plans. Each unit features fully equipped kitchens and a balcony or patio. Select units have washer and dryer connections, fireplaces and vaulted ceilings. Community amenities include a swimming pool, jacuzzi, fitness center and controlled-access gate. The community is located near Braeswood Boulevard, State Route 59 and Beltway 8. Crystal Falls is two miles from BraeBurn Country Club and 3.5 miles from Houston Baptist University. Emerge Crystal Falls LLC of Ladera, Calif. was the seller. Bear Valley Delaware Crystal Falls LLC of Sausalito, Calif. was the buyer. The buyer plans to upgrade the unit interiors.
Crystal Falls is located at 10950 Westbrae Parkway in Houston.
Berkadia Negotiates 165-Unit Multifamily Sale in Houston
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