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Cantera CRG LLC Acquires 172-Unit Multifamily Community In Carrollton From Touro Company And Catalyst Equity Partners

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SOLD
Joey Murry
Nick Fluellen
+ 1

Texas

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MultiFamily
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SOLD

Cantera CRG LLC Acquires 172-Unit Multifamily Community In Carrollton From Touro Company And Catalyst Equity Partners

1910 Josey Lane

See Similar Deals
MultiFamily
Sold
Joey Murry
Nick Fluellen
+ 1
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in the transaction is a multifamily apartment community located at 1910 South Josey Lane in Carrollton, Texas. The asset comprises 172 units spread over 6.2 acres and offers a mix of one- and two-bedroom configurations. The property was originally built in 1969, showcasing a variety of amenities catering to resident needs.

Summary of transaction details:

This deal reflects a strong market demand, evidenced by over 170 signed confidentiality agreements and 12 competitive offers. The transaction was facilitated by the brokerage team from Marcus & Millichap, representing the involved parties through a competitive sales process.

Players

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

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

Joey Murry
Marcus & Millichap
3 deals
BROKER

Wesley "Wes" Racht
Marcus & Millichap
16 deals$48.7M volume
BROKER

Details

SOLD
IMAGE: Bard Hoover, Joey Murry, Nick Fluellen & Wesley Racht DATE: 10/18/2024 ADDRESS: 1910 South Josey Lane MARKET: Carrollton ASSET TYPE: Multifamily ~ UNITS: 172 ~ ACRES: 6.2 BUYER: Cantera CRG, LLC SELLER: Touro Company & Catalyst Equity Partners BROKERS: Bard Hoover, Joey Murry, Nick Fluellen (@Nick_Fluellen) & Wesley Racht (@WesRacht) - Marcus & Millichap (@MarcusMillichapinc) NOTE: Marcus & Millichap has announced the sale of Cantera, a 172-unit apartment community in Carrollton, Texas, highlighting strong demand in the DFW multifamily market with over 170 signed confidentiality agreements and 12 competitive offers. The property, built in 1969 and situated on 6.2 acres, features a mix of one- and two-bedroom units and various amenities, and was acquired by Cantera CRG, LLC from sellers Touro Company and Catalyst Equity Partners.

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