Price Realty Acquires 300-Unit, Class-A Richmond Apartment Community

The Allen Harrison Company spun off the property. The company focuses on” “the acquisition, development, construction and management of exceptional multi-family properties.” The Wildwood Apartments is a highly-amenitized Class-A 300-unit newly built development in the Houston suburb of Richmond.

Built in 2022, The Wildwood features one- and two-bedroom units with private yard and patios and spacious closets. Community amenities include a conservatory, dog parks with observation pavilion, private attached and detached garages and carports, gated entry, secure package lockers and package room, a club house with library and kitchen, a resort-style swimming pool and a 24-hour fitness center. The Wildwood is located within the highly amenitized Veranda master-planned community, which provides residents access to a yoga lawn, playgrounds and hike and bike trails.

Price Realty Corporation acquired the asset. JLL represented the seller and also worked on behalf of Price Realty to secure the seven-year loan through New York Life Real Estate Investors.