IRVING - The 784-unit Lincoln Las Colinas in Las Colinas was recently sold by Lincoln Property Co. together with Sarofim Realty Advisors.
The sale is among the largest single-asset multifamily transactions in state history, ARA executives said.
The asset had an occupancy rate of 96.3 percent. Located at 401 W. Northwest Hwy., the property includes one-, two- and three-bedrooms. Rents range from $1,025 to $2,240. Units range from 646 sf to 1,362, according to the the Lincoln Las Colinas website.
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