Living / Multi-housing
Under Contract

Cantebria Crossing

1950 Oak Creek Ln, Bedford, TX, 76022-7999, US

Executive Summarydownload
Cantebria Crossing_Property for Sale

Gallery

Cantebria Crossing 2_Property for Sale

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 Cantebria Crossing (the “Property”), a 176-unit asset in Bedford, Texas. The Property enjoys excellent connectivity between Fort Worth and Dallas via Highway 183 which offers residents convenient commute times to all areas of the metroplex including the DFW Airport, Texas Health HEB, 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 1983 and only has 31% (55 units) of its units fully renovated. The opportunity exists to expand on the current renovation program to help bridge the $247 gap between the Property and competitive set resulting in an additional $521,664 annually of rental revenue. 

Attributes

Number of units
176 units
Occupancy
98.00%
Year built
1983
Building area Net
11,820 sm
Land area Net
0.03 km² (32,941 sm)

Investment highlights

COMMUNITY AMENITIES

◦ Recently Renovated Clubhouse with Business Center

◦ Resort Style Pool w/ New Pool Furniture

◦ Outdoor Grilling Areas w/ Kitchen

◦ Covered Parking Available

◦ Community Garden

◦ New Fenced in Dog Park

◦ Near Public Parks & Boys Ranch Activity Center


UNIT FEATURES

◦ Faux-Wood* & Premium Carpet

◦ White or Stainless-Steel Appliances

◦ Faux Granite Countertops

◦ Custom Cabinetry*

◦ Brushed Nickel Fixtures*

◦ Two-Inch Blinds*

◦ Two-Tone Paint*

◦ Oversized Walk-In Closets

◦ Wood Burning Fireplace*

◦ Stackable Washer/Dryer Sets in All Units

◦ Private Yards*

*In Select Units

Cantebria Crossing 4_Property for Sale
Cantebria Crossing 4_Property for Sale

Contact brokers

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Feb 15, 2023