$17.25M contract planted for OakChase sale in Arlington$17.25M contract planted for OakChase sale in Arlingtonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=1582015-08-13T10:04:00Z2015-08-13T00:00:00Z

ARLINGTON - The OakChase Apartment Homes at 4924 Sigmond Dr. is under contract to be sold to an undisclosed buyer for $17.85 million, or approximately $76,000 per unit.

The 236-unit multifamily complex was constructed in 1984 on 10.2 acres in Dallas' Outer Southeast Fort Worth Multifamily submarket.

The gated community consists of one- to three-bedroom units and features on-site amenities that include a pool, fitness, center, laundry facilities and security system.

OakChase Apartment Homes offer units ranging from 544 sf to 1,036 sf. Rent ranges from $635 to $1,125.

Vancouver-based Pure Multi-Family REIT paid $13.6 million for the community in July 2012.

The transaction is slated to close September 2.

Don't miss out! Dallas-Fort Worth NewsTalk, Dallas-Fort Worth Market Research

CoStar Group
Dallas-Fort Worth-Arlington
http://www.costar.com/News/Article/Oakchase-Apt-Homes-Under-Contract/174283Read more at {Source}

 Search NewsTalk Texas