DALLAS – The 310-unit Maravilla apartment community has been acquired with a $23 million loan.
Located at 2625 Community Dr., the complex has studio and one-, two-, and three-bedroom layouts ranging from 450 to 1,350 sf, as well as pools, a clubhouse, pet park, playground, soccer field, and outdoor grilling and dining areas.
The apartment community was purchased by a partnership led by Granite Towers Equity Group.
Marcus & Millichap Capital Corp. arranged the ten-year, fixed-rate loan.