Marcus & Millichap Brokers Sale of 372-Unit Apartment Community in Dallas

by Taylor Williams

DALLAS — Marcus & Millichap has brokered the sale of Tschannen Estates, a 372-unit multifamily community located at 8039 Chariot Drive in east Dallas. Built in 1969, the property consists of 216 one-bedroom units and 156 two-bedroom units ranging in size from 563 to 1,018 square feet. Amenities include four pools, on-site laundry facilities, an outdoor picnic area with grills and a playground. Al Silva, Daniel Burton, Trey McGhin and Peter Flis of Marcus & Millichap represented the seller, a California-based private investor, in the transaction. Dallas-based investment firm Cross Equities purchased the property for an undisclosed price.

 

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