|Number of units||131|
Arbors of Carrollton presents the opportunity to acquire an exceptionally well-maintained property that is in excellent physical condition and offers an all two-story design, low-density setting with ample open space, creating a desirable environment for renters. Additionally, residents are afforded a full amenity set that includes a swimming pool, outdoor grilling areas, dog park, and covered parking. Furthermore, the current owner has invested a significant amount of capital in recent years for the following repainting the property, roof, siding and balcony repairs, replaced 70% of HVAC units, sidewalk and parking lot repairs and restriping, resurfaced the pool, and decking repairs.
Ideally situated along Trinity Mills Road in Far North Dallas, the Property benefits from high visibility as over 24,000 cars pass by daily. Additionally, Arbors of Carrollton is surrounded by the busiest thoroughfares in the DFW Metroplex including the George Bush Turnpike, Dallas North Tollway, Interstate-35E, and SH-121. Together, these major traffic arteries connect to virtually every significant employment area and amenity base in the Metroplex.
- High quality, well maintained asset
- Ideal value-add with ability to push rents
- Prominent nearby employment centers: DFW Airport, Platinum Corridor, Legacy West, Legacy Business Park, Cityline
- Prime location & visibility
- Discount to replacement cost