Sentinel Peak Capital Partners has acquired Lakebridge Apartments, a 272-unit, value-added, garden-style apartment community in North Houston.
JLL Capital Markets marketed the property exclusively on behalf of the undisclosed seller.
Lakebridge Apartments is located at 300 Woerner Road in the Spring submarket. Phase I of the property was originally developed in 1984 as condominiums, and Phase II was added in 2001. The property features 19 two-story buildings situated on 13.2 acres, with residential units averaging 896 square feet. All ground-floor units have been recently renovated. Common-area amenities include a swimming pool, lakeside views with fishing access, clubhouse, fitness center, walking trails, dog park, putting green, lush landscaping and 538 parking spaces.
