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SPI Advisory Acquires 240-Unit Multifamily Property In Denton

Property Image
SOLD
Will Balthrope
Joey Tumminello
+ 2

Texas

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MultiFamily1,256 SF
Sold 02/19/2021
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Property Image
SOLD

SPI Advisory Acquires 240-Unit Multifamily Property In Denton

500 Interstate 35E, Denton, TX, USA

See Similar Deals
MultiFamily1,256 SF
Sold 02/19/2021
Will Balthrope
Joey Tumminello
+ 2
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:1,256 SF
Transaction Type:Sale

The multifamily property located at 500 S, I-35E in Denton was recently sold in a closed transaction. The sale took place on February 19, 2021, and involved a total of 240 units. The property was sold by an undisclosed seller to SPI Advisory, a real estate investment firm.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Date: February 19, 2021
  • Address: 500 S, I-35E, Denton
  • Market: Denton
  • Units: 240

The buyer was represented by a team of brokers from Institutional Property Advisors (IPA) - Marcus & Millichap. The brokers involved in the deal were Drew Kile, Joey Tumminello, Will Balthrope, Asher Hall, and Grant Raymond.

Players

Drew Kile
80 deals$383.2M volume(972) 755-5276
BROKER

Grant Raymond
Cushman & Wakefield
26 deals$350M volume(972) 822-9253
BROKER

Will Balthrope
Institutional Property Advisors
89 deals$503.3M volume
BROKER

Joey Tumminello
Institutional Property Advisors
77 deals$383.2M volume
BROKER

Asher Hall
Cushman & Wakefield
19 deals$383.2M volume(972) 663-9947
BROKER

SPI Advisory
BUYER

Details

SOLD
IMAGE: Drew Kile, Joey Tumminello, Will Balthrope, Asher Hall, & Grant Raymond DATE: 02/19/2021 ADDRESS: 500 S, I-35E MARKET: Denton ASSET TYPE: Multifamily UNITS: 240 BUYER: SPI Advisory BROKERS: Drew Kile, Joey Tumminello, Will Balthrope, Asher Hall, & Grant Raymond - Institutional Property Advisors (IPA)- Marcus & Millichap

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