Presidium Group Acquires Two Apartment Properties in Dallas

DALLAS — Presidium Group has acquired two apartment properties in Dallas for an undisclosed price. Located in north-central Dallas, the properties are Linda Vista Apartments and Carlton Court Apartments. Constructed in 1980, Linda Vista Apartments features 370 units in a variety of studio, one- and two-bedroom layouts averaging 667 square feet. Carlton Court features 270 units in one-, two- and three-bedroom layouts averaging 828 square feet. Additionally, the property offers a swimming pool, fitness center and clubhouse. The buyer plans to rename Linda Vista to Linear and rebrand Carlton Court as Cottonwood at Park Central. The name of the seller and acquisition price were not released.

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