Value-Add Asset in Prime Central DFW Location: 200 Units Geographically Positioned in the Middle of DFW in Arlington — Just Minutes Away from Arlington Entertainment District (Texas Live, AT&T Stadium, Globe Life Field)
Attractive In-Place Yield with Favorable Debt Sizing: ~6% In-Place Tax Adjusted Yield and Currently Sizes to ~70% LTV on Agency Sizing
Strong Operational Fundamentals: Property Has Maintained Impressive Effective Rents at $1,350+, While Also Maintaining Stabilized Occupancy and Healthy Economics
Multiple Value-Add Opportunities: Interior Renovations, Implement More W/D Connection & Sets, Capture More Parking Income Through Additional Covered Parking, and Achieve Market Standard Rent Premium on Private Yards Through Enclosures
Strong, Diverse Employment Base: General Motors, Lockheed Martin, Amazon, Medical City Arlington, and University of Texas Arlington
