Asking Price Contact for pricing
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NOI Net Operating Income N/A
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Asking Price Contact for pricing
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NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1983
Occupancy 97.0 %

Property Description

360 Unit Class B multi-housing property in Bedford, TX

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL”) or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Point Loma Woods (the “Property”), a 360-unit Class B asset located in Bedford, Texas. Ideally situated in central Dallas/Fort Worth, this places residents just a short drive from nearly every major employment center in the Metroplex, including being only 20 minutes from the Fort Worth CBD and 30 minutes from the Dallas CBD. Point Loma Woods was built in 1982 and has been institutionally maintained with a significant amount of capital spent on community upkeep leaving minimal deferred maintenance for new ownership. Additionally, the Property has only undergone minor renovations as units turn, leaving full operational upside for new ownership to implement an interior renovation program on the Property.
Rob Key
Rob Key
Managing Director, Capital Markets
License details
TX-509191
David Austin
David Austin
Senior Director, Capital Markets
License details
652736

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