Stone Manor Apartments

Opportunity Overview

• Gomel Capital Partners (“Gomel” or the “Sponsor”) is under contract to purchase Stone Manor (the “Property”) located in Northwest Dallas, TX. It is comprised of 108 units and 124,200 square feet, with an average unit size of 1,051 square feet.
• The transaction was procured off-market through deep local expertise and breadth of relationships.
• The sponsors own the property directly next door, Park Lane Village, and have used their success there to map a strategy for Stone Manor.
• The Seller self manages his portfolio, mostly of distressed assets, which has him distracted from achieving market performance at Stone Manor.

For more property related information