Magnolia Grove
View Offering Memorandum and Financials
Offering Summary:
- Location: Terrell, TX
- Year Built: 2021
- Units: 270
Investment Highlights:
- 7 Month Lease-Up with NO Concessions, Averaging 42 Leases per Month in Trailing Four Months
- Surrounded by and Walkable to New National Tenant Restaurants and Retail
- Low Supply Submarket – Magnolia Grove is the Only Class A Asset in the City
- High-End Unit Features & Highly Desirable Community Amenities Unique to the Market
- Projected Occupancy of 96% in Five Weeks from Today
- May be Acquired All Cash or through Assumption of the Existing HUD Loan
Exclusively Listed by:
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Drew Kile
Senior Managing Director
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Michael Ware
Senior Vice President
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Taylor Hill
Senior Vice President
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Joey Tumminello
First Vice President
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Will Balthrope
Executive Managing Director