Arioso
View Offering Memorandum and Financials
Offering Summary:
- Location: Grand Prairie
- Year Built: 2007
- Units: 288
Investment Highlights:
- 288 Value-Add Units, Consisting of 236 Apartments and 52 Two- and Three-Bedroom Townhomes, Which All Feature Direct Access Two-Car Garages
- Opportunity Exists to Achieve Premiums for Different Upgrade Levels; Townhomes Are Highly Occupied and on a Waitlist Currently
- Center of DFW Metroplex in Grand Prairie with Highly Visible Location at Intersection of Interstate 20 and State Highway 360
- Near Major DFW Employers: DFW Airport, American Airlines, DR Horton, Lockheed Martin, General Motors, Bell Helicopter-Textron
- RealPage Projecting 4%+ Rent Growth Through 2025;Â Chunk Rents at the Property Have Grown Over 6% Since 2020
Exclusively Listed by:
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Drew Kile
Senior Managing Director
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Joey Tumminello
Senior Vice President
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Taylor Hill
Senior Vice President
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Michael Ware
Senior Vice President
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Will Balthrope
Executive Managing Director