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Zach Haptonstall Of Rise48 Equity Acquires 248-Unit Shiloh Oaks Apartments In Garland For Off-Market Value

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SOLD

Texas

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MultiFamily
Sold 08/04/2025
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SOLD

Zach Haptonstall Of Rise48 Equity Acquires 248-Unit Shiloh Oaks Apartments In Garland For Off-Market Value

2379 Apollo Road

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MultiFamily
Sold 08/04/2025
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is the Shiloh Oaks Apartments, a multifamily asset located at 2379 Apollo Road in Garland, TX. The property consists of 248 units and has been acquired off-market at a price significantly discounted from peak valuations.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: Not disclosed
  • Units: 248
  • Address: 2379 Apollo Road
  • Market: Garland
  • Buyer: Zach Haptonstall - Rise48 Equity

Zach Haptonstall, representing Rise48 Equity, has plans to renovate a significant portion of the units, specifically 88%, and upgrade the property's amenities. The acquisition aims to enhance the asset's value through a comprehensive value-add execution strategy leveraging the firm's vertically integrated platform.

Players

ZH
Zach Haptonstall
4 deals$79.1M volume
BUYER
RE
Rise48 Equity
BUYER

Details

SOLD
IMAGE: Zach Haptonstall DATE: 08/04/2025 ADDRESS: 2379 Apollo Road MARKET: Garland ASSET TYPE: MultiFamily ~ UNITS: 248 BUYER: Zach Haptonstall - Rise48 Equity (@Rise48Equity) NOTE: Rise48 Equity acquired the 248-unit Shiloh Oaks Apartments in Garland, TX, off-market at over a 30% discount from peak valuations and rebranded it as Rise Apollo Heights. The firm plans to renovate 88% of units and upgrade the property’s amenities, leveraging its vertically integrated platform for value-add execution.

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