A listing on the real estate advisory firm Newmark Knight Frank's website listed a bid deadline of Feb. 18.
The Harris County Flood Control District did not put in an offer for the site, Executive Director Matt Zeve told Community Impact Newspaper. In late 2019, the district purchased Meyergrove Apartments for $14 million and will turn the site into detention later this year.
The property, located at 5410 N. Braeswood Blvd., Houston, was built out between 1968-71 and had a taxable value of over $60 million in 2019, according to Harris County Appraisal District data. Irvine, California-based Steadfast Companies owns the apartments.
The community rents one- to three-bedroom apartments ranging from around $600-$1,100 a month.