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NewQuest Brokers Sale of 426-Unit Apartment Community in Houston

Chateaux-Dijon-Apartments-Houston

Chateaux Dijon Apartments in Houston was built in the 1960s and renovated in 2016. Florida-based Avesta Communities LLC has acquired the property.

HOUSTON — NewQuest Properties has brokered the sale of Chateaux Dijon Apartments, a 426-unit multifamily community located at 5331 Beverly Hill St. in Houston’s Galleria neighborhood. The property consists of one-, two- and three-bedroom units ranging from 510 to 1,380 square feet. Amenities include several pools, a fitness center, coffee bar, dog park, conference room and a business center. Glenn Dickerson of NewQuest Properties represented the seller, FHB Beverly Hill LP, and procured the buyer, Florida-based investment firm Avesta Communities LLC. The property was developed in the 1960s and renovated in 2016.

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