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Partnership Acquires 322-Unit Apartment Community in Denton, Texas
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Partnership Acquires 322-Unit Apartment Community in Denton, Texas
DENTON, TEXAS — A partnership between Connecticut-based Spirit Investment Partners and Strategic Value Partners, which also operates out of Connecticut, has purchased Resia Rayzor Ranch, a 322-unit apartment community in the North Texas city of Denton. Built in 2024, Resia Rayzor Ranch consists of two buildings on a 3.1-acre site. Units come in one-, two- and three-bedroom floor plans and have an average size of 792 square feet. Amenities includ…
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