The Retreat at Cinco Ranch, a 268-unit apartment complex located at 3306 S. Fry Road, Katy, was recently acquired by Sentinel Real Estate Corporation, according to a June 28 announcement from Sentinel. The “garden-style” apartment community was constructed in 2008, according to the release, and is made of 12 three-story residential buildings with one-, two- and three-bedroom apartments.

“With The Retreat [at Cinco Ranch], we recognized a compelling opportunity to acquire a high-quality asset in the beloved Cinco Ranch submarket, a master-planned community that remains well insulated from new supply,” Sentinel President Michael Streicker said. “The submarket has seen significant rent and population growth, with rents increasing by 16.3% last year. We expect that upgrading the remaining 172 units will position the property for continued success.”

All units, which consist of 943 square feet on average, include track and pendant lighting; walk-in closets; and full-sized washers and dryers.

Amenities at the complex include a clubhouse and fitness center; an indoor cycling studio; a lounge with a kitchen and coffee bar; a business center; package lockers; a resort-style swimming pool with a sundeck and lounge area; outdoor grilling stations; and a playground with a picnic area.