Fairways at Prestonwood - DIVESTED
The Fairways at Prestonwood comprising 156 residential units is located in the Dallas Fort-Worth Metroplex. Fairways at Prestonwood has 152,072 square feet of rentable area situated in 10 buildings on 11.46 acres of land.
- PURCHASE PRICE: US$17,500,000
- PURCHASE DATE: MARCH 2013
- SALE PRICE: US$22,800,000
- SALE DATE: NOVEMBER 2016
- YEAR BUILT: 1991
- ANNUALIZED RETURN ON EQUITY: OVER 17%