RICHARDSON – The 117-unit Camelot Apartments has been sold to JSNB Camelot LLC.
The property at 530 Rockingham Ln. was built in phases in 1966 and 1970. It was 96 percent occupied at the time of sale.
The Toronto-based seller made $650,000 in capital improvements. The new owner will continue to make upgrades.
Dallas-based Cantrell Co. & Partners arranged the sale.
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