MANSFIELD, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of The Audrey in the Dallas suburb of Mansfield. Carleton Cos. and M.R. Development sold the property to RPM and a fund managed by Roseview Investment Advisors for an undisclosed price. IPA’s Drew Kile, Joey Tumminello, Taylor Hill, Michael Ware, Jeff Kindorf and Will Balthrope represented the sellers and procured the buyers.
The Audrey is a garden-style community that was built in 2021. The property offers 211 units across three stories. Units feature nine-foot ceilings, washers and dryers and garden-style soaking tubs. The average unit size is 923 square feet. Amenities include a pool, entertainment areas, on-site dry-cleaning services, a parcel concierge and a bocce ball court.