
Ridgewood Preserve Apartments
1000 Mill Crossing Pl, Arlington, TX, 76006-3825, US
184 单元
JLL as advisor is pleased to present The Pavilions at 9001 Markville Dr. and 9000 Vantage Point, Dallas, TX. This is a 636-unit Class A community offering a unique opportunity for investors to acquire an exceptionally maintained asset with significant value-add potential.
The Property, completed in 1998, spans across two adjacent sites, totaling 574,766 rentable square feet on 28.1 acres. Occupied at 96.0% and 93.9% respectively, the community features desirable amenities such as low-density living, townhome floor plans, direct access garages, and serene green spaces. Key value-add opportunities include upgrading units with modern finishes and adding bulk WiFi, contributing to significant revenue potential exceeding $940,000 annually.
Strategically located along Interstate-635, The Pavilions benefit from excellent accessibility with over 250,000 cars passing daily and proximity to major employment hubs like Texas Instruments and Medical City Dallas Hospital. In addition, residents have convenient transit access via the DART Rail LBJ/Central Station, connecting directly to the Dallas CBD.
This investment also capitalizes on the affluent demographics within a 3-mile radius featuring an average household income of $115,000 and 70% college-educated population, amplifying the property's growth and cash flow stability. Seize the opportunity to acquire this compelling value-add investment poised for enhanced returns and operational efficiencies.


