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Westmount Realty Capital Sells 192-Unit Apartment Community in Metro Dallas

Westmount-at-the-Colonnade-Grand-Prairie-Texas

Westmount Realty Capital acquired Westmount at the Colonnade in Grand Prairie in 2015 and implemented $1.4 million in capital improvements.

GRAND PRAIRIE, TEXAS — Dallas-based Westmount Realty Capital has sold Westmount at the Colonnade, a 192-unit multifamily community in Grand Prairie, roughly midway between Dallas and Fort Worth. Built in 2001, the Class A property features one-, two- and three-bedroom units ranging in size from 772 to 1,258 square feet. Amenities include a pool, media and business center and a fitness center. Westmount acquired the property in 2015 and implemented $1.4 million in capital improvements. The buyer was not disclosed.

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