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.