A limited partnership has acquired Tanner Place, a 130-unit apartment community at 3327 Willow Creek Drive near State Highway 183 and North Belt Line Road in Irving. The terms of the sale were undisclosed. HDC Agave Hill Country Equities LP purchased the property, represented by Transwestern’s Mark Freeman, Taylor Snoddy and Philip Wiegand. Irving is a strategic location for apartment property investment becasue of an increase in multifamily occupancy, which is up 2.4 percent year-over-year, said Freeman, a senior vice president at Transwestern. The property consists of eight garden-style, two-story buildings.

Print Friendly