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Texas  + Houston-Galveston  + Apartments  | 
Ascension building 312-unit Cypress rental community

Cypress Site for 312-Unit Rental Project

Five apartment buildings down, seven to go. Ascension Multifamily is nearly half done with its 312-unit apartment complex across from Cypress Park High School. 60 tenants have moved in so far. The remainder will get their chance in October. Skyview Flats was designed by Ted Trout Architects. Equity partner Moriah Real Estate Co. provided capital, and Dallas-based Veritex Bank provided construction loan financing.

The Houston Business Journal reports the company acquired the site in February 2020 and started construction in November 2021.

Skyview Flats offers one- to three-bedroom apartments ranging from 674 to 1,318 square feet and priced from $1,299 to $2,224. Units feature built-in desks and private yards. All garages have electric car chargers.

Amenities include a swimming pool, 24-hour fitness center, clubhouse, business center, dog park and dog washing station, coffee bar, grills and a pool table. There is also a pond with a walking trail around it.


Inside The Story

Ascension Multifamily

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • The Ascent

    San Antonio, TXTexas + Garden Style
    Listing Status:Available
    Listing Type:Highest & best offer
    No. of Units:154
    Average Occupancy:97
    Year Built:1965
    Building Size:102811 Sq ft
    Lot Size:4.88 Acres
    No. of Stories:2
    Opportunity Zone:No
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  • The Pointe Apartments

    Lubbock, TXTexas + Apartments
    Listing Status:Available
    No. of Units:90
    Year Built:1973
    Building Size:76167 Sq ft
    No. of Stories:3
    Opportunity Zone:Yes
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  • ◦Development
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