126-Unit Manchester Park sale net proceeds of $5M Arlington126-Unit Manchester Park sale net proceeds of $5M Arlingtonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=38062014-06-25T19:58:00Z2014-06-25T00:00:00Z

ARLINGTON - Manchester Park, 2011 Lincoln Dr., has been sold to Brookline Investment Group. Landmark Apartment Trust sold the 126-unit value-add apartment complex for net proceeds of approximately $5.15 million. The property is currently 97 percent occupied.

The entrepreneurial firm has plans to renovate 10,000 sf of unused clubhouse space to include six racquetball courts.

Read more at GlobeSt. and BusinessWire.

Dallas-Fort Worth-Arlington
http://www.globest.com/news/12_882/dallas/multifamily/landmark-apartment-trust-sells-126-unit-apt-347252.htmlRead more at {Source}

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