IMH Companies Acquires 288-Unit Multifamily Property In Grand Prairie

On February 17, 2022, a multifamily property located at 3030 Claremont Dr in Grand Prairie, was sold in a closed transaction. The property spans over 13.5 acres and consists of 288 units. The sale was facilitated by the brokers Drew Kile, Joey Tumminello, Michael Ware, Taylor Hill, Asher Hall, and Will Balthrope from Institutional Property Advisors (IPA) - Marcus & Millichap.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Address: 3030 Claremont Dr, Grand Prairie
• Units: 288
• Acres: 13.5
• Buyer: IMH Companies
• Seller: Hayman Company & Dome Equities

The involvement of IMH Companies as the buyer and Hayman Company & Dome Equities as the seller marked a significant deal in the Grand Prairie market. The brokers at Institutional Property Advisors (IPA) - Marcus & Millichap played a crucial role in facilitating this transaction, ensuring a successful close.