Investment Highlights
- Built-to-Rent Demand Continuing to Increase: Rent vs Own Gap Widened 44% since 2022 and 68% of High-Income Households Rent by Choice
- Strong Historical Performance: 95 Percent Occupancy in Trailing 12 Months with Minimal Concessions
- Unique First Generation Value-Add and Other Income Opportunities (Pet Yards, Tech Packages, Bulk Cable, etc.)
- Built-to-Rent Community Consisting of 122 Units with Multifamily Operations and Amenities
- Located in High-Growth, North Dallas Suburb of Plano with Immediate Access to Interstate 75
- Surrounded by Major Employment Centers: Telecom Corridor, CityLine, Legacy Central, etc. – Recently Announced Corporate Relocations/Expansions: AT&T (6,000 Employees) and Geico (4,000+ Employees)