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S2 Capital Acquires 642-Unit Silverbrook Apartment Complex In Grand Prairie

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SOLD
Harry Krieger
Danny Baker
William Hubbard
+ 1

Texas

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MultiFamily
Sold 09/26/2023
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SOLD

S2 Capital Acquires 642-Unit Silverbrook Apartment Complex In Grand Prairie

2934 Alouette Drive

See Similar Deals
MultiFamily
Sold 09/26/2023
Harry Krieger
Danny Baker
William Hubbard
+ 1
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The Silverbrook apartment complex, consisting of 642 units, located at 2934 Alouette Drive in Grand Prairie, has been acquired by S2 Capital. Led by founder and CEO Scott Everett, this purchase marks S2 Capital's first acquisition this year. The property is set to undergo renovations, including upgraded units, as well as improved amenities such as pickleball courts, a dog park, and a pool area with grilling stations.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 2934 Alouette Drive
  • Market: Grand Prairie
  • Units: 642

In addition to S2 Capital, the key individuals and companies involved in this deal include brokers Danny Baker and William Hubbard from CBRE, who represented the buyer. Harry Krieger, also from CBRE, served as the mortgage broker. Together, they facilitated the successful acquisition of the Silverbrook apartment complex in Grand Prairie.

Players

William Hubbard
Institutional Property Advisors
William Hubbard
28 deals$16.7M volume(214) 298-8355
BROKER
Danny Baker
CBRE
Danny Baker
3 deals$55M volume
BROKER
Harry Krieger
Institutional Property Advisors
Harry Krieger
7 deals
BROKER
Scott Everett
S2 Capital
Scott Everett
10 deals$337M volume
BUYER

Details

SOLD
IMAGE: Scott Everett, Danny Baker & William Hubbard DATE: 09/26/2023 ADDRESS: 2934 Alouette Drive MARKET: Grand Prairie ASSET TYPE: Multifamily ~ UNITS: 642 BUYER: S2 Capital - Scott Everett (@scottbeverett) BROKERS: Danny Baker & William Hubbard - CBRE (@cbre) MORTGAGE BROKER: Harry Krieger - CBRE NOTE: S2 Capital, led by founder and CEO Scott Everett, has acquired the 642-unit Silverbrook apartment complex in Grand Prairie, marking its first acquisition this year. S2 Capital plans renovations, including upgraded units and improved amenities like pickleball courts, a dog park, and a pool area with grilling stations.

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