DALLAS – Austin-based Network Acquisition Partnership Alliance (NAPA) has bought the Westwood Apts. and Woodbridge Townhomes.
The 187-unit Westwood was built in 1969 at 3064 Spruce Valley Ln. in Dallas. It has one-to-three-bedroom floor plans on 9.4 acres. Arbor, a Fannie Mae DUS lender, provided financing for the purchase.
The 91-unit Woodbridge community was constructed in 1981 at 2403 Brown Blvd. in Arlington. It has one- and two-bedroom floor plans on 5.59 acres. PNC provided the financing.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.