January 11, 2021
Sherman Residential acquired Axis Kessler Park apartments, a 2017-constructed Class A+ multifamily community in West Dallas. Formerly Lincoln Kessler Park, the property traded for an undisclosed sum.
The low-density property contains 299 larger-than-average units. Among its features are National Green Building Standard Silver certification, privacy conveniences such as individual garages or assigned carports, controlled-access gates, personal patios/balconies and yards, and complimentary virtual fitness memberships; amenities such as a 24-hour fitness center, putting green, on-site retail, clubhouse with business center, resort-style pool, and fenced-in pet park; and views of the downtown Dallas skyline and the Stevens Park Golf Course.
Scott Gould, Sherman Residential SVP, said, “The acquisition of the Lincoln Kessler Park Apartments continues our firm’s long-term commitment to investing in the Dallas-Fort Worth metropolitan area. We look forward to continuing to pursue the acquisition of additional high-quality, multifamily properties in the market.”
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