3402 S Buckner BLVD

The property involved in this transaction is Bella Vista Apartments, a 272-unit multifamily community located at 3402 S. Buckner Blvd. in East Dallas. The property, built between 1985 and 1987, features one- and two-bedroom units along with amenities such as a pool, business center, and a resident clubhouse. At the time of sale, the community was 93 percent occupied.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Undisclosed
• Address: 3402 S Buckner BLVD, Dallas, TX, 752
• Market: Dallas
• Seller: AmeriCan Multifamily Alliance Group
• Buyer: GVA Management
• Seller's Representatives: Chris Deuillet-CBRE, Jeff Kunitz-CBRE, William Hubbard-CBRE, Mike Canori-CBRE

This transaction involved GVA Management acquiring the property, with plans for rehabilitation after the sale. The deal was facilitated by CBRE, indicating the involvement of experienced brokers in the negotiation process.