REBusinessOnline

Greystone Arranges Sale of 247-Unit Apartment Community in Dallas for $13.4M

DALLAS — Greystone’s Investment Sales Group has arranged the sale of Villas del Lago, a 247-unit apartment community located in the Bachman Lake submarket of Dallas. The sales price was $13.4 million. Built in 1974 and renovated in 2013, the property features one- and two-bedroom units, as well as an outdoor grilling and picnic area. Todd Franks of Greystone represented the seller in the transaction. Other terms of the sale were not disclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
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‣ Walker & Dunlop

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