GRAPEVINE - The Class A, 251-unit 925 Main Street has been sold. The buyer acquired a $43.7 million loan to facilitate the purchase.
The property is comprised of two three-story and one four-story residential buildings. The property offers one- and two-bedroom units ranging from 766 sf to 1,552 sf and in rent from $1,450 to $3,142.
925 Main Street is situated on a 5.5-acre lot and was built in 2008. It has eight ground-floor retail spaces totaling 19,664 sf.
A partnership names 925 Main LP purchased the property.
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