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NORTH RICHLAND HILLS, TX-Marcus & Millichap Real Estate Investment Services has closed the sale of a 156-unit apartment complex in North Richland Hills. A San Antonio-based partnership has sold Castlewinds apartments at 4205 Rufe Snow Drive to AERE Fund.
At the time of closing, the multifamily property was 92% occupied. Castlewinds was constructed in 1984. Al Silva from the Fort Worth office of Marcus & Millichap represented the seller and secured the buyer. For the full story, go to Fort Worth Business Press .
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