Alcove Oaks - 2023_Property for Sale
Alcove Oaks - 2023_Property for Sale
500 Tish Cir, Arlington, TX, 76006-3516, US

Alcove Oaks - 2023

Asset description

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 Alcove Oaks (the “Property”), a 270-unit asset in Arlington, Texas. The Property enjoys excellent connectivity between Fort Worth and Dallas via Highway 183 and I-30 which offers residents convenient commute times to all areas of the metroplex including the DFW Airport, Texas Health Arlington Memorial, the American Airlines Headquarters, and the Great Southwest Industrial Park. The Property offers investors a significant value-add opportunity as the asset was built in 1980 and has 198 units left to renovate. The opportunity exists to expand on the current renovation program to help bridge the $165 gap between the Property and competitive set resulting in an additional $392,040 annually of rental revenue.



Number of units
270 units
Year built
Building area Net
20,812 sm


Investment highlights


• Sparking Resort-Style Swimming Pool

• Paw Park

• Clubhouse

• 24-Hour Fitness Center

• Grand Fireside Retreat

• Outdoor BBQ Stations

• State of the Art Business Center

• Package Lockers

• Valet Trash Service


• Stainless Steel Appliances*

• Washer/Dryer Connections

• USB Outlets*

• Personal Yards*

• Wood-Burning Fireplace*

• Modern Fixtures*

• Ceramic Tile Backsplash*

• Multi-Cycle Dishwashers

*in select units

Alcove Oaks - 2023 4_Property for Sale
Alcove Oaks - 2023 4_Property for Sale

Contact brokers

Alcove Oaks - 2023 (0 Properties)

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Last updated
Apr 17, 2023