JLL Capital Markets closed the sale of Firewheel Town Village, a 154-unit seniors housing community in Garland, Texas.
JLL represented the seller, Clearworth Capital, and procured the buyer, Equity Partnership Holdings.
Built in 2018, Firewheel Town Village consists of studio, one- and two-bedroom units with a current occupancy rate of 98.1%. The property features top-quality interior finishes, including sleek granite countertops, glass tile kitchen backsplashes, stainless steel appliances and wood-inspired plank flooring. Community amenities include a heated saltwater pool, clubhouse, TV lounge, full-service salon, billiards room, fitness center and computer/conference center.
The property benefits from a premier location at 5151 N President George Bush Turnpike, offering residents easy access to the Dallas/Fort Worth (DFW) Metroplex. Nearby attractions include Firewheel Town Center, North Garland Crossing, Firewheel Golf Park, Downtown Garland, Downtown Plano and Lake Ray Hubbard.
The JLL Capital Markets team representing the seller was led by Managing Director David Austin, Senior Managing Director Rob Key, Senior Managing Director Greg Toro and Associate Cole Murphy.
