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Seven DFW multifamily properties sold

​​FORT WORTH – Marcus & Millichap brokered the sale of seven multifamily properties totaling 1,162 units.

The assets sold for a total of $120 million to a variety of investors, both local and out of state.

The properties are the:

  • 484-unit Meadow Ridge, built in 1981 at 3101 W. Normandale St​. in Fort Worth;

  • 265-unit Villas at Cantamar, built in 1971 at 8225 Calmont Ave. in Fort Worth;

  • 88-unit La Ventana on Rochelle, built in 1962 at 1201 W. Rochelle Rd. in Irving;​

  • 64-unit Colony on Rochelle, built in 1986 at 1000 W. Rochelle Rd. in Irving;

  • 94-unit The Bristols Apartments, built in 1963 at 825 Norwood Dr. in Hurst;

  • 87-unit La Ventana Apartments, built in 1971 at 3711 Dilido Rd. in Dallas; and​

  • 80-unit In Place Apartments, built in 1973 at 2920 Kendale Dr. in Dallas.

Marcus & Millichap Capital Corporation arranged financing for The Bristols, La Ventana, and In Place. 

Texas logoThe Texas Real Estate Research Center​​​​ has more multifamily news online for free:

​Source: Marcus & Millichap


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