Arlington apartment complex sells for $53.5M


An Arlington apartment complex featuring 616 units has changed hands.

Sutter Creek Apartments, which is located at 2216 Plum Lane, was sold for $53.5 million, Del Rey Urban announced in a news release on Monday.

The three-story community was built in 1984 and offers one-bedroom and two-bedroom near some of North Texas' key thoroughfares.

Commercial and residential real estate brokerage Del Ray Urban, which is based in Santa Monica, California, and Houston, was the seller.

"DRU was proud to offer…

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