DALLAS--Wellington Realty has brokered the sale of Summer Glen, an apartment complex located at 9624 Rolling Rock Lane in Dallas.
With a total of 206 apartment units, Summer Glen was built in 1972 and renovated in 2000. David Shaffer, Kirby Hall Jackson III and Caleb Jones of Wellington Realty sold the asset.
"From a macro look, Dallas remains one of the top markets for multifamily investment for both domestic and international capital," Shaffer, managing partner, Wellington Realty, told GlobeSt.com. "On a micro level, the east Dallas submarket provides opportunities for capital appreciation and long term value."
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