2803 Riverside, Grand Prairie, TX

December 19, 2019 Comments Off on Florida Fund Snags 436-Unit 2803 Riverside Views: 461 Dallas-Fort Worth, Texas News

Florida Fund Snags 436-Unit 2803 Riverside

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Blue Atlantic Partners Fund III (BAP III) bought 2803 Riverside, a 436-unit multifamily property in the Dallas-Fort Worth suburb of Grand Prairie, TX. The buyer, a fund sponsored by Atlantic | Pacific Companies of Miami, FL, struck the deal with seller Bascom Group for the property at 2803 Riverside Pkwy.

“2803 Riverside is a fantastic addition to our growing Dallas-Fort Worth portfolio,” said Brett Duke with Atlantic | Pacific Real Estate Group. “This acquisition continues our strategy of purchasing exceptional properties in growing markets at compelling prices.” The new owner is planning a multimillion-dollar capital investment for the property.

2803 Riverside offers one,, two and three units, ranging from 722 to 1,454 square feet. Amenities include two resort-style pools, waterfront views, a dog park, playground, outdoor game lounge and access to biking and jobbing trails. Atlantic | Pacific Management will manage and lease the property.

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