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Transactions - AUGUST 17, 2021

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Westmount Realty Capital makes 14th acquisition in Texas

by Released

Westmount Realty Capital has bought West End on Eldridge, a class A, Mediterranean-style apartment community located at 2255 Eldridge Parkway in the popular Energy Corridor in west Houston. The 192-unit multifamily community consists of one- and two-bedroom units averaging 911 square feet and is Westmount’s sixth multifamily property in Houston. The property will be rebranded as Westmount at Eldridge.

“A lack of comparable sites and high material costs make Westmount at Eldridge difficult to duplicate,” said Scott Ferguson, senior director of multifamily acquisitions at Westmount. “The Energy Corridor is a highly desirable location, home to many top employers including BP America, Citgo, ConocoPhillips, Shell, Sysco and Gulf States Toyota. Westmount’s interior upgrades will include the addition of stainless-steel appliances, quartz countertops with undermount sinks and a tile backsplash. These enhancements along with planned amenity upgrades to the leasing office,

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