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Stellar Capital Partners Completes Acquisition of 208-Unit

Stellar Family of Companies announced today the acquisition of Wellington on the Lake Apartments in Wichita Falls, Texas.

The 208-unit garden-style apartment community on 9.24 acres is located on the banks of Lake Wellington with spectacular views of the water. The property includes 15 two-story buildings with generous amenities, including a clubhouse, resort-style pool, state-of- the-art gym, business center, and covered parking. All apartments feature 9’ ceilings, spacious closets, and private patios or balconies.

Residents at Wellington on the Lake, located at 3919 Barnett Road, enjoy proximity to major retail outlets, employment centers and numerous recreational amenities. With easy access to Highway 82, residents enjoy quick commutes to all retail and restaurants in their surrounding areas. Just 3 miles away is the Sikes Senter Mall, the main shopping center in the county. It is also located less than 10 miles away from Sheppard Air Force Base which is among the top training air force bases in the country and provides millions of dollars in revenue every year for the city of Wichita Falls.

“We are excited about this opportunity to further our mission
in providing quality rental housing that enriches lives.”
 – Paul D. Stell, Managing Director