Sola Westchase in Houston

Eastham Capital, Mosaic Residential Acquire 318-Unit Sola Westchase in Houston

by Channing Hamilton

HOUSTON — Eastham Capital and Mosaic Residential have partnered to acquire Sola Westchase, a 318-unit community in Houston’s Westchase neighborhood. Eastham Capital has invested in the deal through its current fund, Eastham Capital Fund VI. Mosaic will oversee management services for the property. The acquisition price was not disclosed. 

Sola Westchase was built in 1999 and is situated at 3354 Rogerdale Road. The property offers one-, two- and three-bedroom units that range from 626 square feet to 1,436 square feet in size. The average rent at the community is $1,400/month. Amenities include a pool, sun deck and lounge seating, outdoor BBQ pavilion, fitness center, clubhouse lounge and kitchen and a business center. Sola Westchase was 95 percent occupied at the time of sale.

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