Madison at Melrose
View Offering Memorandum and Financials
Offering Summary:
- Location: Richardson, TX
- Year Built: 1995
- Units: 200
Investment Highlights:
- Low-Density, Value-Add Asset in the High-Growth, North Dallas Submarket of Richardson
- Over 50% of the Property Remains to be Upgraded; Current Rents are 14% Below Market
- Prime Location within the Telecom Corridor: Over 130,000 Jobs and 5,700 Companies
- Richardson Achieved 18.9% Annual Rent Growth while Averaging 96.7% Occupancy in 2021
Exclusively Listed by:
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Michael Ware
Senior Vice President
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Taylor Hill
Senior Vice President
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Drew Kile
Senior Managing Director
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Joy Tumminello
Senior Vice President
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Grant Raymond
Senior Associate
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Will Balthrope
Executive Managing DIrector
