A 341-unit, 12-building apartment community just traded hands in East Dallas.
Dallas-based WindMass Capital bought the Bristol Square apartments at 1720 John West Road from McGuire Family Properties, another Dallas-based company.
JLL’s Capital Markets team of Zar Haro, Moses Siller, Jorg Mast, and David Fersing represented McGuire in the sale.
WindMass Capital has two other multifamily properties in the metro, including a 65-unit community in Oak Cliff and a 132-unit property near White Rock Lake.
“The region’s strong economic fundamentals are increasing investor interests for multifamily product with potential upside through implementing a value add strategy,” said Haro. “Strategic investments to Bristol Square are sure to deliver great long-term returns for the new owner given the market’s continued projected growth.”