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5/30/24
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A strategic joint venture partnership between Anthem Development and ATX Acquisitions has acquired Eleven600 Apartments, a 216-unit apartment building located at 11600 Audelia Road in Dallas, TX. The price was not disclosed.
Situated in the Lake Highland suburb just 13 miles northeast of downtown Dallas, Eleven600 offers a peaceful apartment community within the Richardson Independent School District. The location provides easy access to major commuting routes like US-75 and I-635. Community amenities include pet-friendly apartments, a well-equipped fitness center, a refreshing swimming pool, a lively playground, and an on-site soccer sports court.
The joint venture partnership intends to implement strategic enhancements to the property, including upgrades to common areas, amenities, and resident services, aimed at elevating the overall living experience and maximizing returns for investors.
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