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California Firm Sells 152-Unit Multifamily Complex In Dallas Represented By Mark Allen & Chibuzor Nnaji

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California Firm Sells 152-Unit Multifamily Complex In Dallas Represented By Mark Allen & Chibuzor Nnaji

6864 Larmanda Street

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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The property asset involved in the transaction is a 152-unit multifamily apartment complex located at 6864 Larmanda Street in Dallas's Vickery Meadows neighborhood. Originally built in 1968, the complex features one-, two-, and three-bedroom apartments averaging over 800 square feet each. The sale reflects a significant market presence within the Dallas multifamily sector.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Units: 152
  • Address: 6864 Larmanda Street
  • Market: Dallas
  • Representatives: Mark Allen & Chibuzor Nnaji - Global Real Estate Advisors (GREA)

Mark Allen and Chibuzor Nnaji, representing the transaction for Global Real Estate Advisors, facilitated the sale of Park Lane Terrace from an anonymous California-based firm to a private equity real estate firm.

Players

Chibuzor Nnaji
9 deals
BROKER

Mark Allen
Colliers
32 deals$130M volume(972) 865-6328
BROKER

Details

SOLD
IMAGE: Mark Allen & Chibuzor Nnaji DATE: 10/04/2024 ADDRESS: 6864 Larmanda Street MARKET: Dallas ASSET TYPE: Multifamily ~ UNITS: 152 BROKER: Mark Allen & Chibuzor Nnaji - Global Real Estate Advisors (GREA) (@GREA_CRE) NOTE: GREA facilitated the sale of Park Lane Terrace, a 152-unit apartment complex in Dallas's Vickery Meadows neighborhood, originally built in 1968. The property, featuring one-, two-, and three-bedroom apartments averaging over 800 square feet, was sold anonymously by a California-based firm to a private equity real estate firm, with Mark Allen and Chibuzor Nnaji representing the transaction.

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