Greysteel, a national commercial real estate investment services firm, has been named exclusive advisor and agent by a small out-of-state investor for the sale of Apple Hill Apartments, a multifamily property located in Buffalo, TX.

Greysteel Managing Director, Boyan Radic; Senior Director, Doug Banerjee; and Investment Associates, Andrew Mueller, Ryan Hill, and Andrew Hanson; who are all based in the Company’s Dallas-Fort-Worth office, are marketing the property.

Apple Hill Apartments, built in 1984, is composed of 15 two-story buildings totaling 60 units. The property, located at 27 Michael Road, is in close proximity to the intersection of two main Texas thoroughfares, Interstate 45 and Highway 79, providing residents access to Waco, Dallas, and Houston.

“Apple Hill Apartments offers an attractive operational value-add opportunity for new ownership and benefits from being entirely individually metered. This will help to defer any additional exposure to utility costs as occupancy and usage increases,” said Mr. Hill.

About Greysteel:

Greysteel is a commercial real estate and capital markets services firm with seven offices located in Los Angeles, CA; Washington, D.C.; Baltimore, MD; Philadelphia, PA; Dallas, TX; and Fort Worth, TX. Greysteel serves and advises private and institutional real estate investors and developers in the marketing, sale, and financing of private capital and middle-market real estate assets.www.greysteel.com