Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
Area Size
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 2013
Building Area Net
Number of units 321
Occupancy 100.0 %

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 L2 Uptown (the “Property”) a luxurious Class A asset located in Dallas, TX. Consisting of 321-units, the Property was built in 2013 and is situated in the prestigious Uptown District, just blocks from West Village, a walkable shopping, dining and entertainment district, with more than 100 retailers. In addition, L2 Uptown sits adjacent to a future Central Market development site, and offers residents the ability to live, work, and play minutes from their doorstep. The Property’s exceptional location and surrounding amenities make the area one of the most desirable destinations in Dallas/Fort Worth.

Investment highlights

Institutional, Core Asset with Strong Rent Increases – L2 Uptown is a Class A community that presents the opportunity to acquire an institutional asset with market leading finish outs including stainless steel appliances, granite or quartz countertops, downtown views, and private garages. In addition, the Property has increased rents approximately $145 on renewals from November ’21 – March ’22 and roughly $144 on the last 24 new leases.

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Irreplaceable, Infill Location with Walkability – The Property has a one-of-a-kind location providing residents walkability to the premier Uptown and West Village Districts, which are some of the most restaurant and entertainment rich destinations in Dallas and features a wide variety of trendy retail, bars, & nightlife, and upscale office and hotels. Boasting a walk score of 90, L2 Uptown enjoys the benefits of a true Live-Work-Play location with all the standards of high-quality living just minutes from its doorstep.


Renowned Neighboring Employment Centers – Uptown, Victory Park, Downtown Dallas CBD, Dallas Medical District, Dallas Market Center, Dallas Love Field

Last Updated Date: 15 Nov 2021

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Last Updated Date: 15 Nov 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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