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H-Town calls on Alta units in Big DH-Town calls on Alta units in Big Dhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=93472012-10-11T07:18:00Z2012-10-11T00:00:00Z

DALLAS - The three-story, 106-unit Alta Henderson apartment community at Belmont Ave. and Henderson Ave. has been purchased. The property opened a year ago, is 95 percent leased, and has average rents at $1,500 a month.

Houston-based Camden Property Trust purchased the property, which is appraised at $11.6 million.

The Trust also purchased the 465-unit Belmont community in East Dallas, as reported in July 2012.

Dallas Morning News
Dallas-Fort Worth-Arlington
Multifamily
http://www.dallasnews.com/business/commercial-real-estate/headlines/20121008-houston-investor-buys-east-dallas-apartment-community.eceRead more at {Source}

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