DALLAS - Vancouver-based Pure Multi-Family REIT has agreed to sell the Windsong Apts. to an undisclosed buyer for $22 million, or approximately $83,000 per unit.
The deal is slated to close on or around December 28.
Pure Multi-Family REIT paid $16.5 million back in 2013 for the 264-unit community, which delivered in 1985 on ten acres at 17717 Vail St. in Dallas’ Timberglen/Oak Tree submarket.
Need submarket apartment data from a variety of sources? It's free at Dallas-Fort Worth Multifamily Market Research.
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