Horizon at Premier
View Offering Memorandum and Financials
Offering Summary:
- Location: Plano, Texas
- Year Built: 2017
- Units: 122
Investment Highlights:
- Plano Built-to-Rent (BTR) Community: Consisting of 122 units with multifamily operations and amenities
- Premier Suburban Location: Located in high-growth North Dallas suburb of Plano with immediate access to Interstate 75
- Unique First Generation Value-Add & Other Income Opportunities: Pet yards (pavers & turf additions), tech packages, bulk cable, etc.
- Surrounded by Major Employment Centers: Telecom Corridor, CityLine, Legacy Central, etc.
- Recently Announced Corporate Relocations/Expansions: AT&T (6,000 employees) and Geico (4,000+ employees)
- Built-to-Rent Demand Continuing to Increase: Rent vs. own gap widened 44% since 2022, and 68% of high-income households rent by choice
- Strong Historical Performance: 95 percent occupancy in the trailing 12 months with minimal concessions
Exclusively Listed by:
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Joey Tumminello
Senior Managing Director
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Michael Ware
Senior Managing Director
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Drew Kile
Executive Managing Director
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Taylor Hill
Senior Managing Director
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William Hubbard
First Vice President