May 23, 2019
Peak Capital Partners acquired the 196-unit Treymore Eastfield, an affordable apartment complex on Dallas’ east side. The Utah investor shook hands with seller Carlton Laprada Ltd. for the 93%-occupied property at 2631 John West Rd., across from the Mesquite, TX city limits.
Chris Deuillet, Chandler Sims, Jeff Kunitz and Alex Medeiros with CBRE represented the seller. “Treymore Eastfield was an ideal ‘fixer upper’ for the buyer,” Deuillet said. “With the close location to Interstate 30 and the property in need of some work and updates, the buyer will be able to take advantage of this property’s opportunities and be able to benefit from rental increases in the immediate future.”
The complex offers one, two and three-bedroom units, ranging from 727 to 1,200 square feet. On-site amenities include barbecue grills, laundry facilities, a fitness center and playground, and swimming pool.
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