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Multifamily

North Star

Dallas, TX

624 Units

Built in 1981

Value Add

Investment Highlights

  • Walkable to Richland College, the Largest within the Dallas College System with Nearly 24,000 Students
  • 624-Unit, Value-Add Asset in Dallas, Texas, just off Interstate 635 (Recently Completed $1.7B Expansion)
  • Prime Lake Highlands Location with Direct Access to Richardson's Telecom Corridor (130,000+ Employees)
  • Adjacent to the Garland Industrial District, Consisting of Nearly 500 Industrial Properties, Over 300 Manufactures, and High-Profile Tenants such as FedEx, Fossil, Sherman Williams, and Kraft Heinz
  • Exceptional Submarket Demographics with $75,000+ Median Household Income and Top-Rated Richardson ISD Schools
  • Proven Value-Add Program Achieving Significant Upgrade Premiums with 45% of the Units Remaining to be Upgraded. Current Owner Rebuilt Approximately 235 Units from the Studs Out and Upgraded 100 Units within the Past 3 Years

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