224-Unit Carol Oaks acquired in Fort Worth

FORT WORTH – Miami-based Lloyd Jones Capital — a multifamily investment firm — has acquired Carol Oaks Apartments in east Fort Worth.

The firm plans to upgrade and rebrand the 224-unit community, located at 7412 Ederville Rd.

“We are excited to rebrand Carol Oaks to our new Vibe model — a new concept for work force housing,” said Chris Finlay, chairman/CEO of Lloyd Jones. “Our Vibe communities will be fun and hip with the latest in technology for our residents’ use. The Vibe will offer a new experience in apartment living.”

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