KeyCity Capital has purchased Villa Gardens, a 142-unit multifamily property in Dallas.
Greysteel, a national commercial real estate investment services firm, negotiated the transaction on behalf of both the buyer and the undisclosed seller.
Villa Gardens Apartments is a 142-unit property located in Farmers Branch, Texas. Several interstates and local highways surround this area and numerous restaurants, parks, shopping, and entertainment venues. The city of Farmers Branch encompasses approximately 12 square miles and is conveniently located on Dallas’s northern border. It lies in the heart of an 11-county area in North Texas that has emerged as a premier commercial, financial and trading center. Although the residential population has recently been estimated at nearly 41,000 residents, Farmers Branch serves a daytime population of more than 66,000 people. The city’s broadly diversified economic base supports home furnishings, financial, high-tech, insurance and te