Sunday, September 13, 2009

Bedford Apartment Complex Purchased

From: Globe Street
August 26, 2009

Bostonian Investment Group has taken possession of the Class B Windmill Terrace Apartments from seller Case & Associates Properties Inc. The buyer paid $8 million for the 284-unit complex, which is located midway between Dallas and Fort Worth.
The 1980s complex, at 2200 Murphy Dr., has occupancy in the high 80s and rents between $.65 and $.70 per sf.

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