Oct 14, 2022
Fort Worth apartment community sold
FORT WORTH – Mag & May, a 240-unit apartment community in the Near Southside District at 315 W. Magnolia Ave., has been sold.Built on two acres in 2019, the property...
FORT WORTH – Mag & May, a 240-unit apartment community in the Near Southside District at 315 W. Magnolia Ave., has been sold.
Built on two acres in 2019, the property has studio and one- and two-bedroom units averaging 778 sf.
Amenities include a pool, fitness center, clubhouse, package lockers, and outdoor grilling and dining stations.
Institutional Property Advisors represented the seller, Abacus Capital Group, and arranged acquisition financing for the buyer, Sapient Capital Group.
The Texas Real Estate Research Center has more multifamily news online for free:
Source: REBusiness Online
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