Arbors of Las Colinas

Multifamily | Dallas, TX

Garden-style property in rapidly growing submarket of the Dallas-Fort Worth (DFW) metropolitan area.

Investment Details

Property Type
Multifamily
Location(s)
Dallas, TX
Number of Units
408

Transaction Details

Acquired
2020
Purchase Price
$64 million
Ownership %
90%

Investment Details

Property Type
Multifamily
Location(s)
Dallas, TX
Number of Units
408

Transaction Details

Acquired
2020
Purchase Price
$64 million
Ownership %
90%

Garden-style property in rapidly growing submarket of the Dallas-Fort Worth (DFW) metropolitan area.

Asset Highlights

Amenities
Tenant amenities include two resort-style swimming pools, poolside clubhouse and cabanas, pet park and fitness center.
Projected Profit
Potential upside for over 80% of units as a result of value-add renovation projects (approximately 20% of units are currently renovated).
Bedrooms
The property features 408 luxuriously appointed one-, two- and three-bedroom apartments across several buildings.

Location Highlights

people
DFW is the fourth-largest and fastest-growing metro in the U.S. by population
Proximity
Proximity to DFW Airport, both cities’ downtown areas
Cost
Low cost of living and pro-business environment
hiker
Near several museums, arts centers, hiking trails and historical landmarks
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Arbors of Las Colinas