American Continental acquires Houston apartment complexes.American Continental Properties Group (ACP (Associate Computing Professional) The award for successful completion of an examination in computers offered by the ICCP. It is geared to newcomers in the computing field. For more information, visit www.iccp.org. ACP - Algebra of Communicating Processes ), a New York-based real estate investment and development firm based here, has acquired Turtle Pointe Apartments, two-story apartment complexes in the Galleria area of Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , reports Daniele Bodini, president of ACP. The property was purchased for $10 million from Confederation Life Insurance company, based in Toronto, Canada. Completed in 1976 and totally rehabilitated in 1988, Turtle Point is comprised of 432 apartments with a mix of efficiency, one- and two-bedroom units. The property features a variety of amenities, including two clubhouses, a video room, an exercise facility, three swimming pools and a jacuzzi, a covered basketball court and two racquetball racquetball, sport played indoors by two or four players, combining elements of court handball and such racket games as squash racquets. It is played on a standard handball court 40 ft (12.2 m) long, 20 ft (6. courts. There are three gazebos on the grounds, as well as a perimeter fence perimeter fence perimeter n → Umzäunung f with controlled access gate and covered parking. The apartments are equipped with intrusion alarms, mini-blinds and ceiling fans. Some apartments have fireplaces and washer/dryer connections. Two modern laundry facilities are conveniently located on the property and dry cleaning dry cleaning, process of cleaning fabrics without water. Special solvents and soaps are used so as not to harm fabrics and dyes that will not withstand the effects of ordinary soap and water. Dry cleaning began in France about the middle of the 19th cent. services are available. Situated on 12.74 acres of land, Turtle Pointe is located on Richmond Avenue Richmond Avenue is an integral north-south thoroughfare on Staten Island. Measuring approximately 7.0 miles (11.27 kilometres), the road runs from the community of Graniteville to the south shore community of Eltingville. . It is 95 percent occupied. The property will undergo a minor cosmetic rehabilitation with the objective of increasing occupancy and rental rates. The interior of the apartments will be upgraded with new carpeting and appliances. The exterior will be improved with new signage, upgraded lighting and decorative elements that will enhance the aesthetic appearance of the buildings. ACP is assuming the existing financing from Fannie Mac. |
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