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Multifamily

The Park at Ashford

Arlington, TX

144 Units

Built in 1984

Value Add

Investment Highlights

  • Central Mid-Cities Location: The Park at Ashford is located minutes from both Dallas and Fort Worth and is surrounded by numerous employment and entertainment drivers in the Mid-Cities area
  • Unique, Townhome-Style Floor Plans: 100% of the units feature their own garage and two-level floor plans
  • Recent CapEx Improvements Totaling over $500,000: Current ownership recently completed unit and community upgrades, including new signage, fencing, siding repairs, updated pool and clubhouse furniture
  • Continued Value-Add Opportunity: The opportunity exists for a new investor to implement granite countertops and stainless-steel appliances throughout the property, in addition to continuing current enhancements that are in roughly 70% of the units
  • Major Employers and Entertainment Nearby: Residents are minutes from The Parks Mall in Arlington, General Motors, Lockheed Martin, Bell Helicopter, AT&T Stadium, Globe Life Park, Texas Live! and Six Flags Over Texas

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