HFF Brokers Sale of The Villas at Sienna Plantation in Metro Houston

MISSOURI CITY, TEXAS — HFF has brokered the sale of The Villas at Sienna Plantation, a 190-unit, Class A apartment complex within the Sienna Plantation master-planned community in Missouri City, a southwest suburb of Houston. HFF marketed the property on behalf of the seller, a joint venture between Watermark Residential and Murphy O’Brien. Sun Holdings Group purchased the asset for an undisclosed amount free and clear of existing debt. The Villas at Sienna Plantation is located at 8585 Sienna Springs Blvd. within Sienna Plantation, which is a 10,000-acre golf course community situated just off State Highway 6 in Missouri City. The community is 12 miles from Sugar Land, 18 miles from the Texas Medical Center and 23.5 miles southwest of downtown Houston. Completed in 2015, the two-story community spans 12 acres and includes one-, two- and three-bedroom floor plans averaging 1,103 square feet. Community amenities include a swimming pool, grilling area, fitness center, dog park, clubhouse, conference room and game room. Todd Marix, Todd Stewart, Chris Curry and JC Clemens led the HFF investment sales team representing the seller.