McKINNEY, THE COLONY – A Florida investor has purchased two Dallas-area apartment communities.
Atlantic Pacific Cos. purchased the Avana Stonebriar, a 294-unit property in The Colony, and Avana McKinney Ranch, a 343-unit property in McKinney.
The new owner plans to make significant capital improvements to both properties including extensive interior unit upgrades.
The properties are being renamed The Atlantic Stonebriar and The Atlantic McKinney Ranch.
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