$44M sale: Lewisville Enclave at Vista Ridge$44M sale: Lewisville Enclave at Vista Ridgehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=167432017-06-07T05:00:00Z2017-06-07T20:00:00Z

​​​​​​​LEWISVILLE – Investor Steadfast Apartment REIT III Inc. has paid $44 million for a Lewisville apartment community, formerly known as Enclave at Vista Ridge​.

Steadfast bought Pointe at Vista Ridge, a 300-apartment complex on MacArthur Blvd.

Pointe at Vista Ridge includes 11 three-story buildings with rents averaging $1,187 per month. The property is more than 94 percent leased.

The new owner plans to renovate the interiors of the buildings with new appliances, fixtures and finishes.

Also check out PRNewswire​.
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