Civitas Capital Group has acquired The Park at Tour 18, a 241-unit, class-A apartment complex in the Greater Houston market.
“Multifamily acquisition is a core strategy for Civitas in 2022,” said Rootvik Patel, investments director for Civitas. “The combination of a stabilized property, high-quality new construction, and a fast-growing market made this a win-win for the developer and for Civitas.”
Located 10 minutes east of George Bush Intercontinental Airport and 30 minutes northeast of downtown Houston, the property sits adjacent the Tour 18 Golf Course. The community is surrounded by beautiful views and conveniences, including restaurants, shopping centers and parks. Community features include a nature trail, two-story fitness center, resort-style swimming pool, and attached garages in select units.
The Houston MSA, home to 7.1 million residents, has experienced a population boom since 2010, adding more than 1.1 million people. This has drawn highly s
