Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1984
Building Area
Land Area ()
Number of units 171

Property Description

IDEAL RESIDENTIAL SETTING WITH UNIQUE FLOORPLANS - Arlington Hills offers a rare amount of abundant green space in a low-density setting (14 units per acre). The Property features 52 single-story townhomes with direct access garages and 119 unique one- & two-bedrooms floorplans which are all apart of the main building.


CONTINUE THE CURRENT INTERIOR ENHANCEMENT PROGRAM - Current ownership has completed full renovations including stainless-steel appliances, faux wood flooring, subway tile backsplashes, resurfaced countertops and upgraded lighting & plumbing fixtures to 47 units (27%). New ownership has the ability to continue the program in place or expand upon the renovation program to push rental rates further.


NUMEROUS SURROUNDING EMPLOYMENT HUBS - Arlington Hills is located in close proximity to several major employment centers including Lockheed Martin’s Missiles and Fire Control (15,500 employees), the 88-million square foot Great Southwest Industrial Park, the 4.1 million square feet General Motors Assembly Plant that consists of more 5,677 employees, the award-winning USMD Hospital at Arlington, and the Medical Center of Arlington that employs more than 1,400 people.

Investment Highlights

COMMUNITY FEATURES:

• Close Proximity to Nearby Shopping

• Resort Style Pool

• Modern Fitness Center

• Expansive Clubhouse

• Spacious Business Center

• Enclosed Dog Park

• Direct Access Garages in Townhomes

• Covered Parking

• Coffee Bar

• Beautiful Courtyards with BBQ & Picnic Area


INTERIOR FEATURES:

• Nine-Foot Ceilings

• Ten-Foot Ceilings*

• Black, White, or Stainless-Steel Appliances

• Full-Size Washer/Dryer Connections

• Resurfaced Countertops

• Faux Wood Flooring*

• Large Walk-in Closets

• Subway Tile Backsplash*

• Fireplaces*

• French Patio Doors*

• Crown Molding*

• Two-Inch Blinds*

*In Select units

Last Updated Date: 26 May 2021
Rob Key
Rob Key
Managing Director, Capital Markets
License details
TX-509191
David Austin
David Austin
Senior Director, Capital Markets
License details
652736

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Last Updated Date: 26 May 2021

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