DeSOTO – A partnership between Trez Capital and Thompson Realty Capital LLC has sold The Beacon on Westmoreland apartments.
Built on 10.41 acres at the southeast corner of Westmoreland and W. Belt Line Roads, the property offers 194-units across seven three-story buildings.
The unit mix consists of 124 one-bedroom, 58 two-bedroom, and 12 three-bedroom units. Floor plans range from 550 to 1,180 sf.
Amenities include a club room, pool, grill stations, fitness center, 24-hour emergency maintenance, a dog park, playground, walking trail, and outdoor entertainment areas.
The Texas Real Estate Research Center has more multifamily news online for free:
Source: Trez Capital