Inman

Amarillo apartments change hands

Hendricks & Partners negotiated the sale of Stonegate, a 208-unit multifamily property in Amarillo, Texas.

The value of the transaction was not disclosed.

The property is located at 6400 Bell Ave.

McAllen, Texas-based 96-Bell Ltd. sold the property to Orlando, Fla.-based Housing Finance Associates L.L.C.

Greg Austin, Mark Hendricks, and Ed Cummins of the Houston office of Hendricks & Partners negotiated the transaction.

Hendricks & Partners is a national real estate advisory company focused exclusively on the sales of multifamily properties.

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