ECI Group (ECI), a privately owned real estate organization in the United States, has announced the sale of Houma Highlands apartments in Houma, La., to Oakwood Capital for an undisclosed price.
The 16-building, 378-unit community was built in phases, with Phase 1 completed in 2004 by another developer before being acquired by ECI. Phase II was developed and completed in 2012.
Houma Highlands offers pet-friendly, one-, two- and three-bedroom homes with sophisticated finishes, including upgraded countertops, stainless-steel appliances and stylish flooring. The community offers an array of high-end amenities, such as a resort-style pool, a fully equipped fitness center and maintained green spaces.
“ECI is proud of our execution at Houma Highlands and the positive contributions we have made in the Houma community over more than a decade,” said Scott Levitt, chief acquisitions officer at ECI Group. “We provided a continuum of integrated services at Houma Highl