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Multifamily

Lakeside Villas

Grand Prairie, TX

350 Units

Built in 2009

Value Add

Investment Highlights

  • Proximity to Major Employers: Convenient commute to some of the largest DFW employers — American Airlines, General Motors, Lockheed Martin, Bell Helicopter, and DFW Airport
  • 2000s Vintage Asset in Grand Prairie: 350 units, built in 2008 in Grand Prairie, TX, positioned equidistant to Dallas and Fort Worth along Hwy 360
  • First Generation, Value-Add: Immediate revenue through proven interior enhancement — 292 classic units (80%+) remaining with upgraded units achieving substantial premiums
  • Abundant Rentable Income & Additional Upside: 196 rentable items, plus ability to add 137 washer/dryer sets and 19 pet yards, each achieving $50/month premiums
  • Low-Density, Amenitized??????? Siteplan: 18.2 units per acre with two swimming pools, two clubhouses (one recently renovated), direct-access garages, and scenic lake views
  • Strategic Central Location: Direct access to I-30 & Hwy 183 with connectivity to every major DFW employment hub within ~25 minutes

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