Oct 25, 2016
Dallas’ ‘electric’ $43M Avenue on Fairmount sale
DALLAS - An upscale apartment community in Dallas' Oak Lawn neighborhood has traded hands for $43 million and will be re-branded from the Alexan Fairmount to the Avenue on Fairmount.The five-story,...
DALLAS – An upscale apartment community in Dallas’ Oak Lawn neighborhood has traded hands for $43 million and will be re-branded from the Alexan Fairmount to the Avenue on Fairmount.
The five-story, 368-unit luxury apartment mid-rise apartment community at 4210 Fairmount St. was sold to Vancouver-based Pure Multi-Family REIT LP.
The apartment community offers one- and two-bedroom floor plans ranging from 613 sf to 1186 sf.
The property was developed in September 2015 and was ranked as one of the largest apartment communities completed last year.
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