DALLAS – A local investor has purchased a rental community east of North Central Expy. off Haskell Ave. near the Cityplace development.
Built in 1988, The Ivy has 228 units, a swimming pool, fitness center, business center, and clubhouse on six acres. Average monthly rent is $1,385. It is 93 percent leased.
JLL marketed the apartment for sale. SPI Advisory purchased it with a $29 million loan.