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Sold Property

Lakefront Villas Apartments

900 WEST SPRING VALLEY ROAD, RICHARDSON, TX 75080

 
 

About Lakefront Villas Apartments

On March 6, 2026, just shy of a 10-year hold, SPI Advisory disposed of Lakefront Villas Apartments, a 105-unit, Class C apartment complex built in 1968 & located in Richardson, TX. The property was originally purchased via a 1031 exchange.

Project-level Returns:

Date Acquired:

7/15/2016

Date Sold:

3/6/2026

Year Built

1968

Units

105

Property Class

C

Hold Period

116 mos.

Equity Multiple

7.15X

IRR

37%

 
 
 
 

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Offerings are only completed through a Private Placement Memorandum (PPM).
Past results are no guarantee of future results.