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BROWNSVILLE, TX-The Lindahl Group added to its growing Gulf Coast states portfolio, buying 677 units in four separate transactions. The Boston-based buyer has picked up class A and B assets in payouts ranging from $28,000 to $68,000 per unit.

The complexes in Brownsville and Beaumont, TX and Shreveport, LA fit both sides of Lindahl's acquisition plan, says Justin Meszaros, the company's vice president and principal. On the one side are the value-add projects, such as the 32-year-old, class B, 185-unit Southfield Apartments at 109 Southfield Rd. in Shreveport, sold by a local company, Kings Highway Associates. The other value-adds are a pair of class B assets in Beaumont: the 152-unit Cardinal Square Apartments at 1280 Saxe St. and 152-unit Autumn Cove Apartments, approximately eight miles northwest, at 3190 Eastex Fwy. The early 1980s-era complexes were sold by Virtu Investments of San Francisco.