CARROLLTON – American Landmark purchased Switchyard Apartments, a 234-unit multifamily community at 1199 N. Broadway St.
Stoneleigh Cos. and Realty Capital Management developed the property in 2019.
Amenities include a pool, fitness center, and outdoor gathering areas.
The property was 96 percent occupied at the time of sale.
Institutional Property Advisors represented the seller, SC Switchyard LLC, and procured the buyer.
The Texas Real Estate Research Center has more multifamily news online for free:
Source: REBusiness Online