Off-Market Transaction Highlights Demand for Multifamily Housing in High-Growth Markets
(PRUnderground) February 4th, 2025
GVA Real Estate Investments, led by Alan Stalcup, announced the successful sale of a five-property, 1,768-unit portfolio located across Dallas, Knoxville, and Nashville, Tennessee. The transaction, sourced off-market, points to the growing demand for multifamily housing in markets with strong population growth and limited new supply.
The portfolio includes five strategically located properties:
- Landmark at Gleneagles (4909 Haverwood Lane, Dallas, TX): Offers spacious 1- and 2-bedroom units, swimming pools with natural landscaping, and convenient access to shopping, dining, and entertainment.
- Stone Ridge (500 Piccadilly Row, Antioch, TN): A Nashville suburb property with 1- to 3-bedroom units featuring patios/balconies, two swimming pools, and a sundeck.
- Hickory Highlands (100 Hickory Highlands Dr, Antioch, TN): Boasts 1- and 2-bedroom units with 9-foot ceilings, three swimming pools, and proximity to Percy Priest Lake.
- North Park Apartments (5237 Tillery Rd, Knoxville, TN): Features 1- to 3-bedroom units in a park-like setting with biking and hiking trails.
- The Park at Fountain City (2132 Adair Dr, Knoxville, TN): Offers 1- to 3-bedroom units near popular walking and biking trails.
“This transaction demonstrates GVA’s ability to identify, enhance, and deliver value in markets that align with our strategic goals,” said Alan Stalcup, founder of GVA Real Estate Investments. “We take pride in fostering community-focused environments, and this sale reflects the strong demand for well-positioned multifamily housing across key growth regions.”
The properties, characterized by their accessibility to key amenities and employment hubs, were meticulously curated to meet the needs of today’s renters while delivering value for investors.
Alan Stalcup, a visionary leader in the real estate sector, hails from Austin, Texas. Since founding GVA Real Estate Investments in 2015, Mr. Stalcup has been instrumental in transforming properties into vibrant, community-focused environments. His strategic leadership and commitment to a people-focused investment approach have garnered respect from both investors seeking tax-efficient passive income and professionals aspiring to elevate their real estate careers. An alumnus of Washington University in St. Louis, Mr. Stalcup holds a B.S. in Mechanical Engineering and continues to drive innovation and growth within the real estate industry.
For more news and information about Alan Stalcup, please visit https://www.alanstalcup.com/.
For more information on GVA Real Estate Group, please visit their website.
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