KEMP, KAUFMAN COUNTY - The Hamlins at Cedar Creek Lake, a 208-unit multifamily property built on 20.5 acres has been sold. The property is located at 18630 SH 274, approximately 60 miles southeast of the DFW Metroplex.
The property was one of four acquired by Haley Real Estate Group in a transaction that totaled $51.2 million. The company will also spend $12.4 million on a capital improvement strategy. The combined purchase adds approximately 1,000 units to the company’s portfolio.
Built in 2005, the property offers a fitness center, swimming pool, media room, a business and conference center as well as limited access gates and covered parking.
Read more at PRWeb.
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