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Michael Svatko Purchases 100-Unit Multifamily Community From Tyler And Tim King In Paris

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SOLD

Texas

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MultiFamily
Sold 07/23/2024
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Property Image
SOLD

Michael Svatko Purchases 100-Unit Multifamily Community From Tyler And Tim King In Paris

2526 Lamar Avenue

See Similar Deals
MultiFamily
Sold 07/23/2024
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The Regency is a multifamily property consisting of 100 units, located at 2526 Lamar Avenue in Paris, Texas. Built in 1985, the asset features amenities such as a laundry facility and swimming pool, contributing to its attractiveness as a rental community. The property was on the market for 30 days prior to the sale.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 2526 Lamar Avenue
  • Market: Paris
  • Units: 100
  • Buyer: Michael Svatko
  • Seller: Tyler & Tim King - Quiet Capital
  • Broker: Yonnic Land - The Multifamily Group

The sale was brokered by The Multifamily Group, with Yonnic Land representing the seller, Quiet Capital, while also procuring the buyer, Michael Svatko. The proximity of the property to Paris Regional Medical Center and Paris Junior College may enhance its rental appeal.

Players

Yonnic Land
The Multifamily Group
Yonnic Land
7 deals
BROKER

Details

SOLD
IMAGE: Tyler King, Tim King & Yonnic Land DATE: 07/23/2024 ADDRESS: 2526 Lamar Avenue MARKET: Paris ASSET TYPE: Multifamily ~ UNITS: 100 BUYER: Michael Svatko SELLER: Tyler & Tim King - Quiet Capital BROKER: Yonnic Land (@YoyoandSonic) - The Multifamily Group (@TheMultifamilyGroup) NOTE: The Multifamily Group (TMG) brokered the sale of The Regency, a 100-unit rental community in Paris, TX, with Yonnic Land representing the seller, Quiet Capital, and procuring the buyer, Michael Svatko. The property, marketed for 30 days and built in 1985, features amenities like a laundry facility and swimming pool, and is located near Paris Regional Medical Center and Paris Junior College.

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