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Transactions - DECEMBER 7, 2022

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Suburban Dallas multi-housing community trades to new owner

by Released

Langdon Street Capital has acquired Independence Crossing, a 124-unit boutique, value-add multi-housing community in the Dallas suburb of Plano.

JLL Capital Markets represented the seller.

Built in 1999, the two-story Independence Crossing offers one- and two-bedroom units averaging 942 square feet. Select units feature stainless steel appliances, contemporary wood-style flooring and fireplaces. Community amenities include a resort-style swimming pool, a fully equipped fitness center, a modern clubhouse, a resident lounge, an executive business center, private yards, a dog park and detached garages.

Situated at 6501 Independence Pkwy, Independence Crossing offers residents convenient connectivity to the Dallas area’s major thoroughfares, including US-75, Dallas North Tollway and SH-121. The property sits just five miles from the largest employment centers in North Dallas, CityLine and Legacy Business Park, and is close to top retail and entertainment destinat

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