Rockstreet cruises to Dallas' Brazos ApartmentsRockstreet cruises to Dallas' Brazos Apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=19642015-01-15T12:49:00Z2015-01-15T00:00:00Z

DALLAS - The 286-unit Brazos Apartments at 4341 Horizon Way has been sold.

The 12-acre property was built in 1998 and was 94 percent occupied at the time of sale. It offers one-, two- and three-bedroom units ranging from 660 sf to 1,454 sf and in price from $850 to $1,405.

The property was purchased by Rockstreet Partners in partnership with B/K Real Estate Funds. The new owners will implement significant interior and exterior capital improvements.

The interior improvements will result in apartments on par with newly constructed ones, but the renovated apartments will be available at a more modest rental rate than the new ones, giving them a competitive advantage, according to Rockstreet.

Rockstreet Partners Principal John Turner said the region's strong economy will cause increased demand for high quality, late vintage apartment properties and the firm is pleased to expand its portfolio in this part of Dallas.

Dallas-Fort Worth-Arlington
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