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AptVest Sells 228-Unit Multifamily Asset In Irving Texas With Marcus & Millichap Brokerage
SOLD
Texas
See Similar DealsMultiFamily127,680 SF
Sold 03/04/2025
SOLD
AptVest Sells 228-Unit Multifamily Asset In Irving Texas With Marcus & Millichap Brokerage
3328 Willow Creek Drive
See Similar DealsMultiFamily127,680 SF
Sold 03/04/2025
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:127,680 SF
Transaction Type:Sale
The Flats at 183 is a multifamily property located at 3328 Willow Creek Drive in Irving, Texas. This apartment community consists of 228 units and covers a total square footage of 127,680. The property was originally built in 1968 and has undergone significant renovations amounting to $4.1 million since 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 228
- Square Footage: 127,680
- Address: 3328 Willow Creek Drive
- Market: Irving
- Seller: Kevin Parrish, Brett Zaitoon & Eric Willis - AptVest
- Brokerage: Bard Hoover & Nick Fluellen - Marcus & Millichap
The transaction involved representatives from Marcus & Millichap, Bard Hoover and Nick Fluellen, who facilitated the deal on behalf of the seller, AptVest. The buyer has plans for further improvements to the property following the recent renovations.
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Operating Income
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Debt Service Coverage Ratio (DSCR)
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
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