WG Apartments LLC has acquired Westgate Apartments, a 256-unit multifamily community at 3829 William Dehaes Drive in Irving.
The deal was put together by Taylor Snoddy, Mark Freeman, and Philip Wiegand of Transwestern.
The off-market deal was negotiated and closed within 45 days, Snoddy said. The buyer received Fannie Mae financing and plans to renovate the property’s interiors, he added.
The Irving submarket is tightening, Snoddy reports: “Activity is picking up in Irving with occupancy at 95 percent and rents up 3.6 percent.