Dallas-based Brokerage Firm Facilitates Sale Of Midtown Apartments In Temple, Texas

The Multifamily Group (TMG) has facilitated the sale of Midtown Apartments, a multifamily property located at 3000 West Adams Avenue in Temple, Texas. This transaction took place on 12/06/2023. The property, which is situated in the Temple market, was sold.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: Not provided
• Address: 3000 West Adams Avenue, Temple, Texas
• Market: Temple

The sale of Midtown Apartments was made possible by the efforts of Jon Krebbs and Paul Yazbeck, brokers from The Multifamily Group. Jon Krebbs, representing the buyer, successfully facilitated the assumption of the existing Fannie Mae loan and secured a supplemental loan within 38 days. This ensured a guaranteed closing despite competing offers.