The property involved in the transaction is a 349-unit multifamily community located at 2000 Nahvi Road in Mansfield, Texas. The asset was built in 2023 and features resort-style amenities. Its location is strategic, sitting near major employers and the under-construction 200-acre Reserve Mansfield mixed-use district.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not specified
• Units: 349
• Address: 2000 Nahvi Road
• Market: Mansfield
• Buyer: Jed Millburn - Millburn & Company
• Brokers: Drew Kile, Joey Tumminello, Taylor Hill, Michael Ware & Shelby Clark - Institutional Property Advisors

This transaction was brokered by Marcus & Millichap’s Institutional Property Advisors, facilitating the sale of the multifamily community to Salt Lake City-based Millburn & Company.