Jaycee Towers property sells for $15 million

The Jaycee Towers apartment building has a new owner after a $15 million purchase.

Montgomery County real estate records show that an Ohio limited partnership called Jaycee Towers purchased the 12-floor tower from Century Pacific Housing V, a California limited partnership, for that amount.

Jaycee Towers is a limited partnership for Redwood Housing Capital LLC in Austin, Texas, the transfer document shows.  

Records gave the sales date as Wednesday.

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The Jaycee Tower property, built in 1972, is across the street from another apartment building, The View at Dayton Towers, 425 Dayton Towers Drive. 

Note: An earlier version of this story said The View at Dayton Towers has been sold. That was incorrect. Oberer Management manages that building, which is still owned by Alan Lindy. 

The View at Dayton Towers
Photo: Montgomery County image

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