Residences at Mesa Ridge
View Offering Memorandum and Financials
Offering Summary:
- Location: Garland, TX
- Year Built: 1983/1984
- Units: 492
Investment Highlights:
- 492-Unit, Value-Add Opportunity on 29 Acres in High-Growth Suburb of Dallas
- Only 38 Percent of the Units are Partially Upgraded and Achieving up to $200+ Premiums
- Opportunity to Expand Current Unit Enhancement Program with Granite and Stainless
- Current Ownership has Spent Over $2 Million on Common Area and Exterior CapEx
- RealPage is Projecting 4.60% Effective Rent Growth from Q2 2021 - Q2 2025
Exclusively Listed by:
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Drew Kile
Senior Managing Director
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Joey Tumminello
First Vice President
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Michael Ware
Senior Vice President
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Taylor Hill
Senior Vice President
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Will Balthrope
Executive Managing Director
