Monday, May 07, 2007

Highland Park Sale

Gables Highland Park apartments have been purchased by CWS Apartment Homes LLC (CWS). They will be renamed the Estates of Highland Park.
The six-year-old project at 4201 Lomo Alto Dr. has 55 large apartments with monthly rents ranging from $1,700 to $2,500.
In 2004, CWS, an Austin builder and investor, bought the West Village apartments and converted about a dozen of the largest units to condominiums.
Gables, which owned this complex until 2004, still owns the 57-unit Gables Highland Park Brownstones at 4733 Bowser Ave.