Apartments For Sale • 206,696 SF
| Significant Value-Add Upside: Current occupancy of 20.54% provides a rare opportunity to stabilize a 258-unit asset |
| Rent Growth Opportunity: Vintage peers average ~$1,100 rents, with newer assets achieving higher rent |
| High-Visibility Eastchase Location: Positioned along a busy retail corridor anchored by Walmart, Sam’s Club, and Lowe’s |
| Excellent Regional Connectivity: Immediate access to Interstate 30 links residents to major employment hubs |
| Clear Path to NOI Growth: Stabilization, rent increases, and operational improvements create a compelling opportunity to lift NOI |
| Attractive Basis vs. Replacement Cost: Acquisition at a substantially lower cost than new construction |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Hurst/Bell (Trinity Railway Express - Dallas Area Rapid Transit (DART)) | 14 min | - | 5.8 mi |
| Richland Hills (Trinity Railway Express - Dallas Area Rapid Transit (DART)) | 12 min | - | 6.5 mi |
| Airport | Drive | Walk | Distance |
| Dallas-Fort Worth International | 28 min | - | 18.3 mi |
| Dallas Love Field | 38 min | - | 26.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 405 |
| Type: | Surface |
| Included in Rent: | Yes |