DALLAS – Magnolia on Gilbert, a 31-unit, urban infill multifamily community in the Oak Lawn/Turtle Creek submarket of Dallas, was sold.
The Class A asset, at 4020 Gilbert Ave., was developed in 2015 and features condominium-like open floor plans unlike any other community in the immediate area.
Its location is walkable to a number of shopping, dining and entertainment on Lemmon Ave.
Valley Park Associates LLC purchased the asset from 4020 Gilbert LLC.
See also: Dallas-Fort Worth-Arlington Multifamily Market Research.
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