|Last Updated Date||15 Jul 2020|
360 Unit Class B multi-housing property in Bedford, TX
Jones Lang LaSalle Americas, Inc. (“JLL”) or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Point Loma Woods (the “Property”), a 360-unit Class B asset located in Bedford, Texas. Ideally situated in central Dallas/Fort Worth, this places residents just a short drive from nearly every major employment center in the Metroplex, including being only 20 minutes from the Fort Worth CBD and 30 minutes from the Dallas CBD. Point Loma Woods was built in 1982 and has been institutionally maintained with a significant amount of capital spent on community upkeep leaving minimal deferred maintenance for new ownership. Additionally, the Property has only undergone minor renovations as units turn, leaving full operational upside for new ownership to implement an interior renovation program on the Property.