Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 1974
Building Area
Number of units 200

Property description

Jones Lang LaSalle Americas. Inc. or its state licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Arbors of Arlington (the “Property”), a 200-unit value-add, Class “B” asset in the desired Arlington submarket. The Property benefits from a central location equidistant from both the Dallas CBD and Fort Worth CBD, while remaining proximate to local demand drivers such as the General Motors Assembly Plant, the Great Southwest Industrial Park, and the University of Texas at Arlington. The Property boasts a large outdoor amenity set, unique among Class B product in Arlington, with a sand volleyball court, basketball court, resort-style pool and more. Arbors of Arlington was also recently upgraded with major exterior capital improvements under the current ownership, leaving minimal deferred maintenance for new ownership. Additionally, the Property offers new ownership the opportunity to implement a full-scale interior renovation throughout and increase rents, as all units are in classic condition with white appliances.


Investment highlights

Community Features

Resort-Style Swimming Pool with Kiddie Pool

Outdoor Pavilion with BBQ Grills

Expansive Modern Playground

Full-Size Basketball Court

Dog Park

Renovated Information Center and Clubhouse

AT&T Stadium (2.8 miles)

Globe Life Field (2.8 miles)

Six Flags Over Texas and Hurricane Harbor (3.4 miles)


Interior Features

White Appliances

Original Cabinetry

Energy Efficient Argon Filled Double Pane Windows

All New Sliding Glass Patio Doors

Faux Wood Flooring

Ceiling Fans in Bedrooms*

Walk-In Closets with New Sliding Doors*

Patio/Balconies*

Washer/Dryer Connections*


* Only available in select units

Last Updated Date: 19 Aug 2021
Rob Key
Rob Key
Managing Director, Capital Markets
Broker Licenses
TX-509191
David Austin
David Austin
Senior Director, Capital Markets
Broker Licenses
652736

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Last Updated Date: 19 Aug 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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