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S2 Capital acquires two DFW apartments totaling 1,350 units

​​​​​​PictureDALLAS – S2 Capital has acquired two area multifamily properties totaling 1,350 units. 

The projects are the 522-unit Verandas at Timberglen at 4607 Timberglen Rd. in Dallas and the 836-unit 8500 Harwood at 8500 N. Harwood Rd. in North Richland Hills.

The investor will spend $20 million on upgrades.

The Verandas at Timberglen property will be renamed the Vincent.

The purchase was negotiated by Institutional Property Advisors and NorthMarq.

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​Source: ​Dallas Morning News​

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