Aug 3, 2016
$107M, six apartment communities, one sweet deal
DFW - Six apartment communities in North Texas have been acquired for nearly $107 million. In all, the communities total 1,711 apartments.The list includes:Benbrook (Greenwood Creek)Euless (Parc Plaza Apartments)Irving (Summer...
DFW – Six apartment communities in North Texas have been acquired for nearly $107 million. In all, the communities total 1,711 apartments.
The list includes:
- Benbrook (Greenwood Creek)
- Euless (Parc Plaza Apartments)
- Irving (Summer Gate Apartments)
- Lewisville (Wimbledon, Catalina Apartments, and Oaks of Lewisville).
Currently, developers have more than 50,000 apartment units under construction in North Texas.
For new construction, Dallas-Fort Worth renters are paying an average of $1,282 per month, according to MPF Research.
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