Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Brazos Residential Picks Up Challenging Grand Prairie Apartment Asset
180 Multifamily Properties sold The Watson, a 248-unit apartment community in Grand Prairie, located roughly midway between Dallas and Fort Worth.
Wes Racht, Nick Fluellen, and Bard Hoover of Marcus & Millichap represented 180 Multifamily and procured the buyer, Brazos Residential.
Brazos’s Wyatt Simmons added this, “The Watson was a particularly complex transaction as it required a highly structured partnership and waterfall, rescue capital, and navigating a distressed seller and property, but that complexity is exactly where we continue to find opportunity. “
The Class A property was built in 2018. Units come in one- and two-bedroom floor plans. Amenities include a pool, playground, fitness center, clubhouse and conference room, two courtyards and a bocce ball court.
The property is just off Texas State Highway 360, near Interstate 30, close to the Grand Prairie Premium Outlets and Joe Pool Lake.
- ◦Sale/Acquisition
Apartment buildings for sale
Check out the latest properties available on apartmentbuildings.com
Jameson St Apartments
Weatherford, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $5,160,000 No. of Units: 60 Average Occupancy: 98 Year Built: 1973 Building Size: 44700 Sq ft Lot Size: 4.05 Acres No. of Stories: 2 APN: R000047582 No. of Parking Spots: 100 Opportunity Zone: No Price per unit: $86,000 
3801 E MORELAND DR
WESLACO, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Call for offers Price: $7,500,000 No. of Units: 78 Year Built: 2005 Lot Size: 77325 Acres Opportunity Zone: No Price per unit: $96,153
