Feb 10, 2020
Draper & Kramer picks up 374-unit Las Colinas apartments
IRVING – Draper & Kramer Inc. has purchased Crest at Las Colinas, a 374-unit apartment community at 871 Lake Carolyn Pkwy.Units range from 600 to 1,500 sf and have hardwood-style...
IRVING – Draper & Kramer Inc. has purchased Crest at Las Colinas, a 374-unit apartment community at 871 Lake Carolyn Pkwy.
Units range from 600 to 1,500 sf and have hardwood-style plank flooring, granite countertops, and stainless-steel appliances.
Amenities include a resident lounge, flexible workspaces, fitness center, pool, and coffee bar.
Built in 2017, the property was 95 percent occupied at the time of sale.
Draper & Kramer acquired the asset via a 1031 exchange.
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Source: REBusiness Online
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