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Green Mountain Properties LLC Acquires 120-Unit Serena Vista Multifamily In Arlington Texas

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SOLD

Texas

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MultiFamily120,000 SF
Sold 07/23/2024
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Property Image
SOLD

Green Mountain Properties LLC Acquires 120-Unit Serena Vista Multifamily In Arlington Texas

1519 San Francisco Court

See Similar Deals
MultiFamily120,000 SF
Sold 07/23/2024
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Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:120,000 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily apartment community located at 1519 San Francisco Court in Arlington, Texas. The asset comprises 120 units, encompassing a total of 120,000 square feet and is categorized as a Class B asset with strong upside potential.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Units: 120
  • Square Footage: 120,000
  • Address: 1519 San Francisco Court
  • Market: Arlington
  • Buyer: Green Mountain Properties, LLC
  • Broker Representatives: Bard Hoover, Chris Pearson & Nick Fluellen - Marcus & Millichap

The transaction was facilitated by Nick Fluellen, alongside investment specialists Bard Hoover and Chris Pearson from Marcus & Millichap’s Dallas office. They represented the private seller and successfully secured the buyer, Green Mountain Properties, LLC.

Players

Nick Fluellen
38 deals$8.5M volume(972) 755-5214
BROKER

Bard Hoover
Marcus & Millichap
39 deals$8.5M volume
BROKER

Chris Pearson
Marcus & Millichap
3 deals
BROKER

Details

SOLD
IMAGE: Bard Hoover, Chris Pearson & Nick Fluellen DATE: 07/23/2024 ADDRESS: 1519 San Francisco Court MARKET: Arlington ASSET TYPE: Multifamily ~ UNITS: 120 ~ SF: 120,000 BUYER: Green Mountain Properties, LLC BROKERS: Bard Hoover, Chris Pearson & Nick Fluellen (@Nick_Fluellen) - Marcus & Millichap (@MarcusMillichapinc) NOTE: Marcus & Millichap announced the sale of Serena Vista, a 120-unit apartment community in Arlington, Texas, highlighting it as a quality Class B asset with strong upside potential despite market challenges. The transaction was facilitated by Nick Fluellen, along with investment specialists Bard Hoover and Chris Pearson from Marcus & Millichap’s Dallas office, who represented the private seller and secured the buyer, Green Mountain Properties, LLC.

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