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Newly Modernized Apartment Complex Sells to Japanese Buyer: Angela Chen Represents Buyer

Newly Modernized Apartment Complex Sells to Japanese Buyer: Angela Chen Represents Buyer

(Dallas, TX) Angela Chen, an Associate in the Retail Division at Henry S. Miller Brokerage, represented an anonymous buyer from Japan in the purchase of 5520 Gaston Avenue, an apartment complex in Dallas. Welker Properties rehabbed and offered the property, previously called Royal Palm Apartments.

5520 Gaston Avenue is a two-story, 14,200-square-foot multifamily value-add rehab that went from a Class C to Class B property. Both the interior and exterior were modernized to maximize efficiency and appeal. The apartment complex is comprised of 19 one-bedroom units and four two-bedroom units. It was constructed in 1955 and owned by one family.

About Angela Chen

Angela Chen is an Associate in the Retail Division at Henry S. Miller Brokerage. She specializes in buyer representation, working with international investors on land, office and retail acquisitions. Her clients have been from China, India, Japan and Bangladesh. Angela is a Certified International Property Consultant designated by the Dubai Land Department. She is a Committee Chair of the Asian Real Estate Association of America DFW Chapter (AREAA DFW), which empowers the Asian American and Pacific Islander (AAPI) communities’ property owners.