101 Center - University of Texas Arlington
101 S Center St, Arlington, TX, 76010-7106, US
244 units
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) or its state-licensed affiliate has been exclusively retain to offer an opportunity for qualified investors to purchase the fee simple interest in The Montgomery Apartments (the "Property"), a 308-unit asset located in Irving, Texas, with sizable value-add potential. Completed in 1995, the Property is ideally situated less than one mile from State Highway 114, offering residents expedient access to numerous proximate employment and entertainment hubs, including Verizon Corporate Campus, Toyota Music Factory, and the DFW International Airport. Bolstered by affluent demographics with a median household income of $97,349 within one mile, The Montgomery presents a unique opportunity for new ownership to bridge the roughly $300 delta between the Property and the competitive set and add supplementary income generators to further bolster NOI.
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Attributes
Number of units
308
Occupancy
94.8%
Year built
1995
Building area net
27,050 m²
Land area net
6.1 ha
Media
Investment Highlights
Community Amenities
» Relaxing Swimming Pool with Lavish Poolside Sanctuaries
» Attached & Breezeway Garages
» Full-Service Business Center
» Welcoming Clubhouse
» 24-Hour Fitness Center
» Parcel Lockers
» School-Inspired Playground
» Outdoor Lounging Area
» Controlled-Access Gates
» Electric Car Charging Stations
» Outdoor Grill Area
» Bike Station & Storage
Apartment Amenities
» Stainless-Steel Appliances
» Full-Size Washer/Dryers
» Vinyl Wood Flooring & Cushioned Carpet
» Carrara Quartz Countertops & Designer Cabinet Fronts
» Spacious Bedroom Closets & Linen Closets
» Private Patios & Balconies*
» Townhome Split-Level Design*
» Exterior Storage Available
» Double Stainless-Steel Sinks
» Multi-Cycle Dishwashers & Built-In Microwaves
» Designer Tile Backsplash & Modern LED Light Fixtures
» Relaxing Soaking & Garden Tubs*
» Wood-Burning Fireplace*
» Kitchen Islands*
» French Doors & Bay Windows*
» Built-In Bookshelves*
*In select units
Contact brokers
The Montgomery (0 Properties)
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Last updated
12 Dec 2024
