Heritage Capital Group Acquires Multifamily Property In Dallas For $33.2M Loan

3030 Elizabeth Street, Dallas, TX 75204, USA

$33,200,000

$1,029/SF

Building Size

32,260 SF

Asset Type

MultiFamily

Closing

Aug 10, 2020

AI

The multifamily property located at 3030 Elizabeth St in Dallas has been sold in a transaction facilitated by Institutional Property Advisors (IPA). The property consists of 179 residential units and was sold by The Ergas Group to Heritage Capital Group.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: Not specified
Address: 3030 Elizabeth St
Market: Dallas
Units: 179

The sale of the property was represented by Drew Kile, Joey Tumminello, Will Balthrope, Michael Ware, Taylor Hill, and Asher Hall from Institutional Property Advisors (IPA). The lending for this transaction was provided by Ready Capital, with an acquisition loan amount of $33,200,000.