DALLAS – The Westwood Apartments, located at 3064 Spruce Valley Ln., were acquired by Napali Capital LLC.
The 187-unit property was built in 1969 and consists of one-, two-, and three-bedroom units divided across 15 buildings.
The company plans to immediately rebrand Westwood Apartments and invest more than $400,000 in property upgrades and amenity improvements over the next 12 months.
Check out Dallas-Fort Worth-Arlington Multifamily Market Research.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.