Villas at Chase Oaks - Vermont Property Group

The Villas at Chase Oaks

Multi-Family Residential Community

Acquired a 21 building, 250-unit multi-family residential community in March 2022;
Off-market, value-add opportunity consisting of townhouse style, one and two-storey villas on a 14-acre site;
95% occupied with in-place rents approximately 16% below current market;
Numerous upgrades to be completed to exterior of property as well as to individual suites;
Amenities include outdoor pool, tennis court, dog park, indoor basketball court, business centre, clubhouse, covered surface parking;
Situated within the Dallas-Fort Worth Metroplex, close to approximately 60 major employers with 350-plus employees;
JV Partner: Western Wealth Capital.