Knightvest Capital Sells Reagan At Bear Creek Multifamily In Euless, Texas&

Knightvest Capital has sold Reagan at Bear Creek, a 216-unit housing asset located at 2001 Highway 360 in Euless, Texas. The property, successfully renovated and repositioned by Knightvest Capital, achieved an impressive 80% rent increase over acquisition rates. The transaction closed on August 23, 2023.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 216
• Address: 2001 Highway 360, Euless, Texas
• Seller: Knightvest Capital - David Moore
• Market: Euless

David Moore, representing Knightvest Capital, played a key role in the sale. Their successful renovation and strategic repositioning of the property allowed for significant rent increases and ultimately led to the successful transaction.