Performance Partners Acquires Linda Vista Apartments in Dallas
Dallas—A Performance Properties LLC -headed partnership has purchased the 370- unit Linda Vista Apartments in North Dallas. With this acquisition and the previously purchased Vista Buena Apartments , the partnership has added nearly 800 units on 27 acres along the Cottonwood Trail, a hiking and biking amenity, since late last year. Both communities are situated in a neighborhood renowned for its easy freeway access in all directions. The properties are located in the northwest quadrant of the $261 million High Five Interchange, Dallas- based Performance Properties reported . Across its 18 buildings, 35-year-old Linda Vista Apartments features a mix of efficiencies and one- and two- bedroom units averaging 667 square feet in size. Performance Properties is in the process of completing a $1 million renovation at Vista Buena, and will soon launch a $700,000 renovation of Linda Vista. Included will be building exterior, common area and unit interior improvements . In addition to its l...