ShainRealty Capital Acquires Multifamily Property In Dallas From Alpha Barnes Real Estate
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This MultiFamily property located in TX was sold about 2 years ago. The broker of the deal was Chris Deuillet
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- Location8997 Vantage Point Drive, Dallas, Texas 75243, United States
- Area190,956 SF
- Asset TypeMultiFamily
- Parties1 Broker, 1 Agency
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Deal Summary
SALE
IMAGE: Jonathan Shainberg & Elliot Shainberg
DATE: 03/14/2022
ADDRESS: 8997 Vantage Point Drive
MARKET: Dallas
ASSET TYPE: Multifamily ~ UNITS: 249 ~ SF: 190,956
BUYER: ShainRealty Capital (@ShainRealty) - Jonathan Shainberg (@J.Shain) & Elliot Shainberg
SELLER: Alpha Barnes Real Estate
BROKER: Chris Deuillet - CBRE
NOTE FROM BUYER: The acquisition presents an excellent opportunity for ShainRealty to acquire a sizeable multifamily asset with significant rental upside. The property consists of 249 units, approximately 767 SF in average size, with in-place average rents 30% below market.
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8997 Vantage Point Drive
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