Grayson Ridge

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 Grayson Ridge (the “Property”) a 240-unit Class B asset located in North Richland Hills, Texas. Ideally situated along Interstate-820, this places residents just a short drive from nearly every major employment center in the Metroplex, including DFW Airport, Fort Worth CBD, Great Southwest Industrial Park, and Texas Health Harris Methodist HEB hospital. Built in 1983, Grayson Ridge has been well-maintained leaving minimal deferred maintenance for new ownership while providing value-add opportunities throughout the community and unit enhancements. Additionally, the property is supported by a strong demographic base with an average household income of approximately $100,221 within a one-mile radius. Furthermore, within a three-mile radius of Grayson Ridge there is only one asset under construction or 343 units.