Starlight sprinkles $41M on McKinney’s Soho Parkway

McKINNEY – Soho Parkway Apartments (“Soho Parkway”), a 379-unit Class A apartment complex built in 2008 and located at 6653 McKinney Ranch Parkway in McKinney has sold. The price was $41.3 million dollars, or about $108,970 per unit.

Units range from over 700 sf to 1,500 sf with prices from $820 to $1,554. The development was 97 percent occupied at time of sale.

Starlight U.S. Multi-Family Core Fund and Starlight Investments Ltd of Canada was the buyer.

Source: SEDAR

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