Viking Capital Purchases 114-Unit Multifamily Property At 168 Verbena Drive For $35.2M

The property asset involved in this transaction is a multifamily residential complex located at 168 Verbena Drive, Waxahachie, TX, consisting of 114 units. The transaction was completed for a total amount of $35,200,000.00.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $35,200,000.00
• Address: 168 Verbena Drive
• Market: Waxahachie, TX
• Units: 114
• Buyer: Viking Capital

The transaction was executed on 02/21/2025, marking a significant milestone in the local real estate market. The buyer, Viking Capital, was instrumental in facilitating this closed transaction, ensuring all necessary agreements and processes were completed successfully.