Units
56
Year Built
1983
Property Type
Apartments
INVESTMENT HIGHLIGHTS
- ±35,490 SF mid-rise multifamily apartment complex – 20 units fully renovated
- Property has undergone significant renovations and will require ~$800,000 to ~$1,400,000 to finish the project stabilizing over an 8% cap
- Ideal location lakeside on Lake Ray Hubbard and I-30
- Nearby billion dollar Sapphire Bay development will feature a one-of-a-kind waterfront resort destination
- New hotel development by Massimo Modular going in across the street
Broker of Record
- Patrick Graham
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc.
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225