CARROLLTON – Estrada EP LP has purchased the 244-unit Estrada Apartments from Irving-based VTP Realty.
Located at 1919 Walnut Plaza, the plaza was 96 percent occupied at the time of sale.
The property is part of the Texas Department of Housing and Community Affairs' Housing Tax Credit (HTC) program, which provides favorable equity financing for the development of affordable housing. Through the program, 100 percent of the units have income and rental restrictions.
CBRE represented the seller.
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