Texas

HALTOM CITY, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Bellagio at Beach Street, a 398-unit apartment complex in Haltom City. Will Balthrope and Drew Kile of IPA represented the seller and procured the buyer in the transaction. The community is located at 4200 Northern Cross Blvd., seven miles from downtown Fort Worth and one mile from I-35. The community is located near the 1,300-acre Mercantile Center business park, which is home to nearly 70 companies and more than 10,000 employees. Amenities at Bellagio at Beach Street include a gated entrance, attached garages, covered parking, business center, swimming pool, barbecue grills, fitness center, playground and an outside fire pit. Apartments feature a private patio or balcony, dishwashers, garbage disposals and ceiling fans.

DALLAS — Greysteel has arranged the sale of Milano, a 16-unit multifamily building in Dallas. Boyan Radic, Doug Banerjee, Andrew Mueller and John Marshall Doss of Greysteel represented the seller, Cutch Inc., in the sale. Old East Milano LLC was the buyer. Milano includes one-bedroom, one-bath apartments with three floor plans. The property is close to major employment centers, retail and entertainment options.

ROUND ROCK, TEXAS — Nordic Realty Partners purchased Oak Creek Apartments in Round Rock on Aug. 13. Daniel Elam of Muskin Commercial LLC represented the California-based seller in the transaction. Nordic was self-represented. Located at 301 S. Burnet St, Oak Creek sits near Round Rock’s downtown square. The property includes 12 one-bedroom units, eight two-bedroom units, a laundry room and a courtyard. The purchase also includes additional land for potential future expansion.

WAXAHACHIE, TEXAS — California-based KD Real Property Investments LLC has acquired a 72-unit, Class A apartment complex in Ellis County from a north Texas investor in an off-market transaction. Arlington-based Mercury Metroplex Real Estate IV LLC was the seller. Sam Pettigrew III of Dallas-based Cantrell Co. & Partners was the deal’s sole broker. The complex is known as Bella Vita Apartments and was 99 percent occupied at the time of sale. The seven-building, gated complex at 380 Solon Road was a purpose-built project for residents aged 55 and over. Units at Bella Vita range from 840 square feet to 1,075 square feet and include either one or two bedrooms. Amenities include a walking trail, club room, business center, library, fitness center and pool.