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​​​​​DALLAS – Pure Multi-Family REIT LP is buying the 382-unit Alexan Fairmount for $71 million.

Designed by JHP Architecture, the Alexan Fairmount delivered in early 2015 at 4210 Fairmount St. The five-story complex includes studio, one-, and two-bedroom floor plans averaging 829 sf. 

The company is purchasing the asset from Trammell Crow Residential for around $186,000 per unit.