Kislak acquires fourth Dallas-area rental property

Miami /
Jan.January 15, 2017 11:00 AM

Miami Lakes-based Kislak Organization bought a 208-unit, mid-rise apartment building in Dallas, Texas, for an undisclosed price.

Kislak is the new owner of Routh Street Flats, a six-story luxury rental property at 3033 Routh Street in the Uptown section of Dallas, where Kislak owns another rental property called McKinney Uptown Apartments.

The Miami Lakes company now owns four multifamily housing properties in the Dallas-Fort Worth area. “Routh Street Flats is a beautiful property in a vibrant neighborhood, making it a perfect fit for Kislak as we grow and elevate our multifamily portfolio,” Tom Bartelmo, president and CEO of the Kislak Organization said in a prepared statement.

Routh Street Flats, built in 2015, has 149 one-bedroom units and 29 two-bedroom units. The interiors feature nine-foot ceilings and eight-foot doors. Common-are amenities include a rooftop terrace with city views, infinity pool, fitness center, business center, bike repair station, pet park, resident lounge, fire pits and picnic area.

Uptown Dallas has employment centers, retail stores, restaurants and nightlife attractions within easy walking distance of Routh Street Flats, as is the M-Line Trolley.

 

Related Articles

arrow_forward_ios
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Alex Rodriguez and Constantine Scurtis at far right (Getty)
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
Harvey Hernandez and a rendering of his Brickell project
Harvey Hernandez plans three-tower project on riverfront Brickell site
Harvey Hernandez plans three-tower project on riverfront Brickell site
Infinity project (Kobi Karp)
GPI Real Estate wins $6M settlement over failed Sunny Isles Beach project
GPI Real Estate wins $6M settlement over failed Sunny Isles Beach project
Judge Michael Hanzman and the site at 8777 Collins Avenue (Miami-Dade Circuit Court, Getty)
Judge overseeing Surfside collapse litigation chastises town over proposed downzoning
Judge overseeing Surfside collapse litigation chastises town over proposed downzoning
Sweetwater affordable senior rental project scores $33M construction loan
Sweetwater affordable senior rental project scores $33M construction loan
Sweetwater affordable senior rental project scores $33M construction loan
Renderings of 1625 Ocean. (U.S. Construction)
US Construction scores $45M construction loan for Delray Beach condos
US Construction scores $45M construction loan for Delray Beach condos
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...