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Al Silva & Ford Braly Of Marcus & Millicha Facilitate Sale Of 195-Unit Multifamily Properties In Bedford

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SOLD

Texas

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MultiFamily
Sold 03/01/2024
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SOLD

Al Silva & Ford Braly Of Marcus & Millicha Facilitate Sale Of 195-Unit Multifamily Properties In Bedford

805 Central Drive

See Similar Deals
MultiFamily
Sold 03/01/2024
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The properties sold by Marcus & Millichap in Bedford, Texas, include Avanti on Central and Avanti on Pipeline, totaling 195 multifamily units. These properties offer opportunities for value enhancement through improved management and property upgrades. Strategically located in the Mid-Cities investment market, they leverage their proximity to Downtown Fort Worth and Dallas-Fort Worth International Airport.

Summary of transation details:

  • Property Type: Multifamily ~ UNITS: 195
  • Transaction Amount: Not provided
  • Address: 805 Central Drive
  • Market: Bedford

Al Silva and Ford Braly from Marcus & Millichap represented the buyer, a Dallas-based partnership, in the sale of the multifamily units in Bedford. Additionally, Brandon Brown from Marcus & Millichap Capital Corporation served as the mortgage broker for this transaction.

Players

Al Silva
37 deals$589.6M volume
BROKER

Ford Braly
Marcus & Millichap
29 deals$589.6M volume
BROKER

Brandon Brown
Marcus & Millichap
5 deals$56.2M volume
BROKER

Details

SOLD
IMAGE: Al Silva, Ford Braly & Brandon Brown DATE: 03/01/2024 ADDRESS: 805 Central Drive MARKET: Bedford ASSET TYPE: Multifamily ~ UNITS: 195 BROKERS: Al Silva (@AlmostGuarantee) & Ford Braly (@FordBraly) - Marcus & Millichap (@MarcusMillichapinc) MORTGAGE BROKERS: Brandon Brown - Marcus & Millichap Capital Corporation (@MMCapCorp) NOTE: Marcus & Millichap sold Avanti on Central and Avanti on Pipeline, totaling 195 multifamily units in Bedford, Texas, with Al Silva and Ford Braly securing the buyer, a Dallas-based partnership. The properties, strategically located in the Mid-Cities investment market, offer opportunities for value enhancement through improved management and property upgrades, leveraging their proximity to Downtown Fort Worth and Dallas-Fort Worth International Airport.

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