Multifamily | Dallas, TX
Arbors of Las Colinas
Garden-style property in rapidly growing submarket of the Dallas-Fort Worth (DFW) metropolitan area.
Investment Details
Property TypeMultifamily
Location(s)
Dallas, TX
Units408
Transaction Details
Acquired2020
Purchase Price$64 million
Ownership %90%
Investment Details
Property TypeMultifamily
Location(s)
Dallas, TX
Units408
Transaction Details
Acquired2020
Purchase Price$64 million
Ownership %90%
Asset Highlights
Tenant amenities include two resort-style swimming pools, poolside clubhouse and cabanas, pet park and fitness center.
Potential upside for over 80% of units as a result of value-add renovation projects (approximately 20% of units are currently renovated).
The property features 408 luxuriously appointed one-, two- and three-bedroom apartments across several buildings.
Property Gallery
Location Highlights
DFW is the fourth-largest and fastest-growing metro in the U.S. by population
Proximity to DFW Airport, both cities’ downtown areas
Low cost of living and pro-business environment
Near several museums, arts centers, hiking trails and historical landmarks