The Villas at Chase Oaks
Plano, Texas
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.
