Friday, November 06, 2015

Marcus & Millichap Arranges Sale of 68-Unit Apartment Building in Fort Worth

Bellagio Townhomes is a 68-unit apartment property located in Fort Worth. 

FORT WORTH, TEXAS — Marcus & Millichap has arranged the sale of Bellagio Townhomes, a 68-unit apartment property located in Fort Worth. Robert Denninger and Scott Ogilvie of Marcus & Millichap’s Dallas office marketed the property on behalf of the seller, a limited liability company. Ogilvie also procured the buyer, another limited liability company. Bellagio Townhomes is located at 3064 Las Vegas Trail, less than two miles east of West Loop 820 South. Built in 1968 and renovated in 2013, the asset is located on 3.2 acres and consists of 10 two-story buildings. Bellagio Townhomes offers five floor plans, with 24 one-bedroom/one-bath units spanning 730 square feet, 10 two-bedroom/one-bath units of 950 square feet, eight two-bedroom/two-bath units of 1,050 square feet, 12 three-bedroom/two-bath units of 1,273 square feet and 14 three-bedroom/two-and-one-half bath units of 1,250 square feet.

Haisten Willis/Texas Real Estate Business