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Under Contract
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Multifamily

Sugar Creek

Grand Prairie, TX

336 Units

Built in 1984

Value Add

Investment Highlights

  • Rare 336-Unit, Value-Add Opportunity – All units significantly below market rent, providing investors with considerable upside
  • 118 Units Subject to LURA Expiring in 2033 – Opportunity to raise current rents to max allowable rent under LURA and to continue increasing rents to max allowable threshold through LURA expiration
  • Prime Centralized DFW Location – Equidistant between Dallas and Fort Worth with easy access to Interstate 30, a major east to west thoroughfare, and President George Bush Turnpike
  • Less Than 10 Minutes Away from AT&T Stadium – Housed in premier Arlington Entertainment District that also encompasses Six Flags Over Texas, Hurricane Harbor, Texas Rangers Ballpark, and Lincoln Square Mall.

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