SPI Advisory Sells Parker Apartments 192-Unit Multifamily In Tyler | 5105 Old Bullard Road | MultiFamily | Sale

Summary

Sale

TEXAS

MultiFamily

The Parker Apartments, a 192-unit multifamily complex located at 5105 Old Bullard Road in Tyler, were sold by SPI Advisory, a Texas-based private equity firm. The property, constructed in 1974, underwent a value-add program during SPI's ownership.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: Not specified
Units: 192
Market: Tyler
Seller: Michael Becker - SPI Advisory
Buyer: Not disclosed
Partnership: CR Capital
Acquisition Year: 2018

SPI Advisory, in partnership with CR Capital, successfully executed the sale of Parker Apartments, further enhancing their portfolio in the Texas real estate market.

Details

Deal Summary

SOLD

IMAGE: Michael Becker DATE: 04/10/2024 ADDRESS: 5105 Old Bullard Road MARKET: Tyler ASSET TYPE: Multifamily ~ UNITS: 192 SELLER: Michael Becker - SPI Advisory (@SPIAdvisory) NOTE: SPI Advisory, a Texas-based private equity firm, has sold Parker Apartments, a 192-unit multifamily complex in Tyler, approximately 100 miles east of Dallas. Acquired in 2018 in partnership with CR Capital, the property, constructed in 1974, underwent a value-add program during SPI's ownership.

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Address5105 Old Bullard Road

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