May 10, 2022
267-unit Euless apartment community under new ownership
EULESS – ShainRealty Capital has acquired The Landing, a 267-unit apartment community, from 180 Multifamily Properties.Built in 1983, the property has one- and two-bedroom units averaging 770 sf. Amenities include a pool,...
EULESS – ShainRealty Capital has acquired The Landing, a 267-unit apartment community, from 180 Multifamily Properties.
Built in 1983, the property has one- and two-bedroom units averaging 770 sf. Amenities include a pool, fitness center, and playground.
Rialto Capital provided acquisition financing on behalf of the buyer, who will implement a $3 million value-add program and rebrand the property as Infinity on the Landing.
Marcus & Millichap brokered the deal.
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Source: REBusiness Online
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