Nicola Crosby is pleased to announce the purchase of Zang Triangle, a 260-unit Class A core apartment complex in Dallas, Texas acquired in partnership with Venterra Realty. Zang Triangle benefits from a central location in the Oak Cliff area of Dallas and is approximately one mile southwest of the downtown Dallas core and approximately five minutes from the Bishop Arts District. The property was completed in 2012 and is one of the only newly built apartment complexes in the immediate vicinity. The property will benefit from a streetcar line that will be completed in five months and will connect residents to downtown Dallas as well as the Methodist Medical Center. Zang Triangle was purchased at a price well below both the cost of construction and the current replacement cost for an asset of this quality.
Special Thanks To:
Venterra Realty (Joint Venture Partner)