Cleveland Park At 200 Jackson Hill St.

[sowanome]

For what it's worth : http://recenter.tamu.edu/mnews/newsSearch....S&CID=41151

108 Condo owners eyeing vintage complex's sale

(Multifamily : Houston-Sugar Land-Baytown) 4/21/2008 (Houston) - A total of 108 condo owners have joined together to sell the 27-year-old Park Memorial Condominium complex. It is situated on 4.85 acres at 5292 Memorial Dr. Located in the Memorial Heights submarket, the complex totals 166,538 sf in a mix of one- and two-bedroom units. Harris Central Appraisal District assessments range from $103 per sf to $106 per sf per unit. Saul Keeton of Colliers International says the costs of deferred maintenance for the owners of the complex had become burdensome, which is one reason they've agreed to bring the asset to market.

[GlobeSt.com]

And to think, i was under a contract to purchase one of those places at the end of November 2007, what a deal that I missed!!! The places were really rare for the area, they were really large and I dont think there were any units that were less than 875 sq. ft in size....Great Location (Walking distance to Memorial, Spotts, Cleveland Park, Washington Avenue and Regent Square) and everyone knew once the Caceres (http://www.caceresliving.com/) project started that these apartments wouldn't last bc of the superior location, views and mini park area in front of it!! "Memorial drive between downtown and memorial park" is really stepping it up and it's already a somewhat upscale area....Only if the Orion would've made it, and let's not forget that the entire lot that Otto's encompasses will be gone shortly. This should really do wonders for keeping Washington Avenue unique, because Memorial drive will hold the upscale title in that area....Any ideas what they will do with this site(High rise condos, etc)?