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UDR Inc. Acquires Multifamily Asset In Farmers Branch From Billingsley Co. For $110M

Property Image
SOLD
$110,000,000

Texas

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MultiFamily636 SF
Sold 04/07/2021
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Property Image
SOLD

UDR Inc. Acquires Multifamily Asset In Farmers Branch From Billingsley Co. For $110M

2001 Wittington Pl, Farmers Branch, TX 75234, USA

See Similar Deals
MultiFamily636 SF
Sold 04/07/2021

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$172,956
Total Square Footage:636 SF
Transaction Type:Sale

The multifamily property located at 2001 Wittington Place in Farmers Branch was recently sold for $110,000,000. The property consists of 636 units, with a per unit price of $172,956.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $110,000,000
  • Units: 636
  • Price Per Unit: $172,956
  • Address: 2001 Wittington Place, Farmers Branch

The seller of the property was Billingsley Co., represented by Lucy Billingsley and Henry Billingsley. The buyer in this transaction was UDR Inc. The deal was facilitated by JLL as the broker.

Players

BUYER

Details

SOLD
IMAGE: Lucy Billingsley & Henry Billingsley DATE: 04/07/2021 ADDRESS: 2001 Wittington Place MARKET: Farmers Branch ASSET TYPE: Multifamily SELLER: Billingsley Co. - Lucy Billingsley & Henry Billingsley BUYER: UDR Inc. BROKER: JLL SALE PRICE: $110,000,000 UNITS: 636 ~ PPU: $172,956

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