Prose Magnolia
View Offering Memorandum and Financials
Offering Summary:
- Location: Aubrey, TX
- Year Built: 2022
- Units: 336
Investment Highlights:
- 336 New Construction Units with Low-Density Site Plan (19.2 Units per Acre) in Aubrey, Texas
- Surrounded by New Medical Developments, High-End Retail, and the New PGA Headquarters
- Located in the High-Growth, Currently Expanding 380 Corridor Providing Quick Access to Major Employment and Entertainment Drivers
- Favorable Real Estate Tax Mill Rate (1.595 per $100) Relative to Comparable Suburban Product
- Immediate Submarket Experienced 19.4% Rent Growth and 97.6% Occupancy in 4Q2021
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
