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 1980
Building Area
Land Area ()
Number of units 624

Property Description

Jones Lang LaSalle Americas. Inc. or its state licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in the 624-unit Arlington Three Portfolio (the “Portfolio” or the “Properties”), consisting of three value-add assets in Arlington, Texas. The Properties provide potential buyers the opportunity to continue or expand on the in-place interior renovation program to further push rent rates. Boasting proximate locations to some of DFW’s most influential employment centers and entertainment centers including the General Motors Assembly Plant, the Great Southwest Industrial Park, AT&T Stadium, Globe Life Field, and DFW International Airport, the Portfolio offers investors an opportunity to acquire scale in Dallas/Fort Worth, widely regarded as one of the leading investment markets in the country.

Investment Highlights

  • Strong Value-Add Potential - Opportunity to expand on the in-place renovation program and help bridge the rent gap between the properties and the competitive set
  • At the Heart of DFW Entertainment
    • AT&T Stadium
    • Globe Life Field
    • Texas Live
    • Six Flags Over Texas / Hurricane Harbor
    • Arlington Highlands Shopping Center
    • The Parks at Arlington Mall
  • Premier Economic Drivers
    • General Motors Assembly Plant
    • Great Southwest Industrial Park
    • University of Texas at Arlington
    • DFW International Airport


Last Updated Date: 15 Jun 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: 15 Jun 2021

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