HOUSTON - Steadfast Income REIT completed the value-add acquisition of a six-property apartment portfolio in a two-part transaction that added another 1,692 apartment units to its Texas holdings.
All properties included in the portfolio sale were developed by the manager and seller, Atlanta-based Davis Development, and were built between 2004 and 2008. Steadfast plans to make several cosmetic upgrades to the units as they turn over.
Below are the properties included in the sale.
Read more at CoStar Group and Securities and Exchange Commission.
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