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12/02/25
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Weidner Apartment Homes has acquired McKinney Village, a 245-unit multifamily community located adjacent to the Medical District in McKinney, TX. The property, located at 201 McKinney Village Pkwy, was sold by Equus Capital Partners LTD.
McKinney Village offers a diverse mix of efficiencies, one- and two-bedroom apartments and two-story townhomes with attached garages. The 2017-built property maintains a 94% occupancy rate, with units averaging 877 sf in size. Interior features include open-concept layouts, upgraded finishes and private gated patios for select ground-floor units. Community amenities include walking trails, a rose garden, bike repair and storage areas, a pet park and abundant outdoor seating.
The property is less than a five-minute walk from Medical City McKinney and Collin College’s Central Park Campus. Residents are a short drive from the city’s historic downtown, which offers vibrant dining, retail and entertainment options. Major employment hubs, such as Plano’s Legacy West and The Shops at Legacy, are reachable in about 25 minutes via US-75.
Brian O’Boyle, Jr., Brian Murphy, Richard Furr and Jack Forman with Newmark represented the seller in the transaction. Mitch Clarfield and Alec Newman, also with Newmark, secured the financing from Fannie Mae on behalf of the buyer. The price was not disclosed.
“McKinney Village offered an opportunity to acquire a high-quality asset in one of North Texas’ most dynamic and fastest growing submarkets," O'Boyle, Jr. said. "Its prime location – adjacent to Medical City McKinney Hospital, Collin College and the lifestyle centers at Fairview Town Center and Village of Allen – positions the property for long-term success and sustained renter demand.”
According to Newmark Research, the Dallas–Fort Worth metroplex remains one of the nation’s most economically dynamic regions, with more than 8.4 million residents and continued in-migration driving robust multifamily fundamentals and investment opportunities. McKinney has grown more than 13.5% since 2020, reaching about 224,183 residents in 2025. The area continues to benefit from ongoing investment by major employers, including Raytheon’s $100 mil expansion, which added over 500 jobs nearby.
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