HOUSTON, TEXAS – River Oaks Equity Partners, as exclusive advisor and agent, is pleased to announce the sale of the Majestic Apartments in Houston, Texas. Multiple competitive offers were fielded with most of the activity coming from local owner-operators bullish on the Houston multifamily market which resulted in the property trading at 99.3 percent of full list price. The firm represented the seller and procured the buyer. Majestic Apartments is a Class B 44-unit apartment community located at 5701 Schumacher Lane, Houston, Texas 77057 near Chimney Rock Road and Richmond Avenue.