Luxury Apartment Community in Exclusive Memorial Neighborhood
Allied Orion Group has been chosen to manage Bayou on the Bend, a 242-unit luxury apartment community in the heart of Houston’s exclusive Memorial Neighborhood.
Located at 5201 Memorial Drive in Houston, the upscale community overlooks Buffalo Bayou and offers panoramic views of downtown Houston. Bayou on the Bend features 12 open-concept, one, two and three-bedroom floor plan options, ranging from approximately 700 to 2,475 square feet. There are more than 60 floor plan variations and some two-story units available. Features include hardwood floors in all living areas, upgraded carpet in the bedrooms, European-style stained wood cabinetry, granite countertops, undermount sinks, Italian porcelain tile in the kitchen and baths, stainless steel upgraded appliances, convention microwaves, oversized closets, dramatic ten-foot ceilings, full size washer and dryers, solar window coverings, fireplaces and outdoor kitchens.
Owned by Arel Capital, the luxury community offers a multitude of unique amenities, including a roof-top deck and infinity-edge pool with Bahama-style Palapa Tiki Hut, indoor steam rooms, hot tub, state-of-the-art fitness center, domed clubroom, social lounge with panoramic view of the city, executive business center and conference room, outdoor kitchen and covered parking.
“We are pleased to be partnering with Arel Capital again and to be adding another one of their Houston communities to our management portfolio,” said Ian Douglas, Chief Operating Officer for Allied Orion Group. “Bayou on the Bend is the third Houston Community and the 11th community we manage for Arel Capital nationwide.”
Allied Orion Group is a full-service multifamily management, investment and development firm headquartered in Houston, Texas, with additional offices in Denver, Dallas and San Antonio. Allied Orion Group has acquired or developed more than 13,000 multi-family units with a total aggregate value of approximately $1.1 billion, and has a growing portfolio of 22,000 apartment homes under management throughout the nation. For more information, call 713-622-5844 or visit www.allied-orion.com.