National Asset Services Delivers Over 225% Cumulative Return for Investors in Denton Multifamily Property
News provided by
Share this article
Share this article
DENTON, Texas, April 13, 2021 /PRNewswire/ -- National Asset Services (NAS), one of the Country's leading commercial real estate companies, successfully delivered a buyer for Cooper Glen Apartments in Denton, TX on behalf of property investors in the 202,276 square foot, 240-unit complex.
The sale of Cooper Glen resulted in a return of over 225% of the initial investment for property ownership. The NAS team leveraged its vast resources while working in tandem with Accolade Property Management to achieve year over year NOI growth with little delinquency. An above-market-occupancy-rate of over 90%, was also maintained, despite the tragic impact of COVID-19 on the marketplace.