SOLD
Marcus & Millichap Sells 288-Unit Multifamily Asset In Arlington, Texas
2505 Thomason Circle
MultiFamily
Sold 114 days ago
Summary
Sale
TEXAS
MultiFamily
Marcus & Millichap has sold Brookside, a 288-unit multifamily asset located at 2505 Thomason Circle in Arlington, Texas. The property, built in the 1980s, demonstrated its resilience in the market. The marketing process for the sale was highly successful, attracting significant interest from potential buyers. It resulted in the signing of 340 confidentiality agreements, 23 property tours, and the receipt of 15 offers.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: Arlington
In this transaction, the buyer was David Lilley, representing Reap Capital. The sale was facilitated by a team of brokers from Marcus & Millichap, including Bard Hoover, Chris Pearson, Nick Fluellen, and Wesley Racht.
Players
Details
SOLD
IMAGE: David Lilley, Bard Hoover, Chris Pearson, Nick Fluellen & Wesley Racht
DATE: 01/09/2024
ADDRESS: 2505 Thomason Circle
MARKET: Arlington
ASSET TYPE: Multifamily
BUYER: David Lilley - Reap Capital (@ReapCapital)
BROKERS: Bard Hoover, Chris Pearson, Nick Fluellen (@Nick_Fluellen) & Wesley Racht (@WesRacht) - Marcus & Millichap (@MarcusMillichap_Houston)
NOTE: Marcus & Millichap has sold Brookside, a 288-unit multifamily asset in Arlington, Texas, showcasing the resilience of 1980s-built properties. The marketing process generated substantial interest with 340 confidentiality agreements, 23 tours, and 15 offers.View on map
Loading...
Address2505 Thomason Circle
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want