Midtown Phoenix Apartments, Dallas

January 16, 2017 Comments Off on Crow Holdings Snaps Up TOD Apartments Views: 280 Dallas-Fort Worth, Texas News

Crow Holdings Snaps Up TOD Apartments

A Crow Holdings investment fund acquired the 449-unit Phoenix Midtown apartments from Principal Life Insurance Co. of Des Moines, IA.  Located at 5555 E. Mockingbird Lane, the more than 15-year-old complex is next to the Dallas Area Rapid Transit’s Mockingbird light rail station. HFF marketed the property.

A sales price was undisclosed. The Dallas Central Appraisal District assigned a market value of $49.1 million to the complex. Greystar is managing the asset.

According to the property website, Phoenix Midtown offers studio apartments, as well as one-, two- and three-bedroom units. Apartments measure from 433 square feet-2,037 square feet. Rent range between $1,000-$2,700 a month.

Read More at Dallas News

Connect with Crow Holdings

For comments, questions or concerns, please contact Amy Sorter

For advertising information, please contact Joni Margotta

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , ,

Comments are closed.