Preferred Apartment Communities Inc. sold its Enclave at Vista Ridge apartment property in Dallas for approximately $44.0 million.
The asset garnered an average annualized return of about 15.6%, the company said in a release.
Preferred Apartment Communities sheds $44M multifamily asset
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Preferred Apartment Communities Inc. sold its Enclave at Vista Ridge apartment property in Dallas for approximately $44.0 million.
The asset garnered an average annualized return of about 15.6%, the company said in a release.