Aug 27, 2015
Ciao! Bella Vita Apartments changes hands in Waxahachie
WAXAHACHIE, ELLIS COUNTY - With 1031 exchange funds to deploy, California-based KD Real Property Investments LLC has acquired a 72-unit, Class A apartment complex in Ellis County from a north Texas...
WAXAHACHIE, ELLIS COUNTY – With 1031 exchange funds to deploy, California-based KD Real Property Investments LLC has
acquired a 72-unit, Class A apartment complex in Ellis County from a
north Texas investor in an off-market transaction.
The complex is known as Bella Vita Apartments and was 99 percent occupied at the time of sale.
The seven-building, gated complex at 380 Solon Rd. was a purpose-built project for residents aged 55 and over.
Units at Bella Vita range from 840 sf to 1,075 sf and include either one or two bedrooms. Rent ranges from $885 to $1,235.
Amenities include a walking trail, clubroom, business center, library, fitness center and pool.
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