MIAMI, FL - Greenwater announced the acquisition of Manzana Grove at 5925 Callaston Lane Fort Worth, TX. The asset includes 236 units and spans an area of 9.98 acres.
In accordance to its previous strategic investment in the booming city of Fort Worth, Manzana Grove stands out because of the property’s unique attributes and favorable location. Both communities are located at the intersection of the heavily transited I-30 and I-820, which facilitates access to the DFW metro complex area.
Greenwater will implement a strong capital expenditure program to renovate and remodel the asset entirely. This program will concentrate on renovating existing amenities and implementing a professional fast-soccer court, illumination, fitness areas and a pet park.
“We are excited to announce the acquisition of Manzana Grove. We are planning to implement our corporate unique and green vision of the ideal community, which consists mainly of lush landscaping, recreational areas for families, modern units and an overall high-quality service.” stated Gerald Jorge, the Chief Financial Officer at Greenwater.
About Greenwater: Headquartered at Miami, Greenwater is an asset management company, which owns acquires and manages multifamily apartments across the US. The company offers full-service property management, comprehensive landscaping, maintenance and professional accounting services. Greenwater achieves significant internal rates of return for investors and has asset management experience, successfully completing over $350 million in transaction volume.