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Verandas at City View, Laguna Vista sold in North TexasVerandas at City View, Laguna Vista sold in North Texashttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=57242013-11-14T13:31:00Z2013-11-14T09:00:00Z

FORT WORTH, FARMERS BRANCH - The 314-unit Verandas at City View sold earlier this year for $25.3 million. Located at 7301 Oakmont Blvd., rents range from $726 to $1,970 per month for one-, two- and three-bedroom units. The property is in west Fort Worth.

In Farmers Branch, the 206-unit Laguna Vista sold for $24.8 million. Located at 1580 Mira Lago Blvd., rents range from $869 to $2,231 per month for one- and two-bedroom units.

American Realty Investors Inc. sold both properties to private investors. The sales took place during the nine months ended September 30, 2013.

Source: Securities and Exchange Commission

Securities and Exchange Commission
Dallas-Fort Worth-Arlington
Multifamily
http://www.sec.gov/archives/edgar/data/1102238/000101054913000654/ari10q093013.htmRead more at {Source}

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