Investment Highlights
- Value-Add Asset in Prime Central DFW Location: 200 Units Geographically Positioned in the Middle of DFW in Arlington and Minutes Away from Arlington Entertainment District (Texas Live, AT&T Stadium)
- Attractive In-Place Yield with Favorable Debt Sizing: ~6% In-Place Tax Adjusted Yield and Currently Sizes to ~70% LTV on Agency Sizing
- Strong Operational Fundamentals: Property Has Maintained Impressive Effective Rents at $1,350+ While Also Maintaining Stabilized Occupancy and Healthy Economics
- Multiple Value-Add Opportunities: Interior Renovations, Implement More W/D Connection & Sets, Capture More Parking Income Through Additional Covered Parking, and Achieve Market Standard Rent Premium on Private Yards Through Enclosures
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