NexPoint Residential Trust, Inc. Acquires Bayberry Apartments

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Go back to NexPoint Residential Trust, Inc. Acquires Bayberry Apartments

NexPoint Residential Trust (NXRT) Acquires West Palm Beach Apartment Community in $21M Deal

April 20, 2015 9:28 AM EDT

NexPoint Residential Trust (NYSE: NXRT) has acquired an apartment community located in West Palm Beach, Florida, for a purchase price of $21,000,000.

The property, known as Bayberry, was constructed in 1986 and 1987 and consists of 222 one- and two-bedroom residential units. The community offers amenities including a... More