Oct 8, 2019
New 314-unit multifamily project sells to exchange buyer
GRAND PRAIRIE – Trez Capital has sold the newly developed Winding Creek at the Preserve multifamily asset to a 1031 exchange buyer from California.Located at 2250 Sara Jane Pkwy., the 314-unit property consists...
GRAND PRAIRIE – Trez Capital has sold the newly developed Winding Creek at the Preserve multifamily asset to a 1031 exchange buyer from California.
Located at 2250 Sara Jane Pkwy., the 314-unit property consists of one-, two-, and three-bedroom units ranging from 651 to 1,257 sf. It is fully occupied.
Amenities include a clubhouse and lounge, storage space, corporate suites, fitness center, pool, game room, pet play area, and package service.
Berkadia brokered the transaction.
The Real Estate Center has more Dallas-Fort Worth-Arlington multifamily news online.
Source: Connect Media
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