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Rockwall apartments to be upgraded, rebrandedRockwall apartments to be upgraded, rebrandedhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=147462016-10-03T05:00:00Z2016-10-03T22:00:00Z

​ROCKWALL – ​​​​Steadfast Apartment REIT has acquired Lake Ray Hubbard, a 334-unit apartment community.

Built in 2009, the​ 96 percent-occupied community has 42 apartment buildings housing one-, two-, three-, ​and four-bedroom floor plans. The average unit size is 1,118 sf, and the average rent is $1,603.

The property will be upgraded and renamed Sixteen50 @ Lake Ray Hubbard. 

REBUSINESS
Dallas-Fort Worth-Arlington
Multifamily
http://rebusinessonline.com/steadfast-apartment-reit-purchases-334-unit-apartment-community-in-metro-dallas/Read more at {Source}

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