SPI Advisory Sells 240-Unit Metroplex Asset

SPI Advisory Sells 240-Unit Metroplex Asset

Radu Corfus, Multi-Housing News

March 14th, 2023

---

CANOPY AT SOUTH LAKES, “Canopy”

“SPI Advisory has sold Canopy at South Lakes, a 240-unit multifamily community in the Dallas-Fort Worth suburb of Denton, Texas.

Completed in 2002, the garden-style community comprises 10 three-story buildings which incorporate one-, two- and three-bedroom floorplans ranging from 713 to 1,256 square feet. Apartments feature stainless steel appliances, in-unit washers and dryers, walk-in closets, and hardwood flooring. Common-area amenities encompass a fitness center, clubhouse, swimming pool, dog park, and volleyball court, along with 520 parking spaces. During its ownership, SPI Advisory implemented multiple capital improvements including unit upgrades and amenity renovations.”

Read the Rest of This Article

Read Other Articles About Canopy at South Lakes

---

Want to get in touch with SPI?