IPA Negotiates Sale of 240-Unit Coventry Apartments in Denton, Texas

IPA Negotiates Sale of 240-Unit Coventry Apartments in Denton, Texas

Taylor Williams, REBusinessonline

February 22nd, 2021

 
Coventry Apartments Pool

Canopy at South Lakes (“The Coventry Apartments”) in Denton totals 240 units. The property was built in 2001.

“Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of The Coventry Apartments, a 240-unit multifamily community in the North Texas city of Denton. The property was built on eight acres in 2001 and features one-, two- and three-bedroom floor plans. Amenities include a pool, clubhouse, fitness center, business center, coffee bar, volleyball court and a dog park.”

After acquisition, SPI has officially changed the name of the Coventry Apartments to Canopy at South Lakes.

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