Skyline Farmers Market_Property for Sale

835 S Good Latimer Expy, Dallas, TX, 75226-1801, US

Skyline Farmers Market

Asset Description

Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest Skyline Farmers Market (the “Property”) an exclusive investment opportunity in the heart of Dallas. This 340-unit community, completed in 2016, sits in the vibrant Farmers Market District of Dallas' CBD. The location epitomizes urban convenience, within walking distance of Dallas' most sought-after dining, entertainment, and cultural hotspots. Residents enjoy easy access to the Farmers Market, Deep Ellum, the Arts District, and the CBD, creating an ideal live-work-play environment. Additionally, Skyline Farmers Market represents an extraordinary opportunity to acquire an asset at a significant discount to replacement cost.

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Attributes

Number of units

340

Occupancy

92.9%

Year built

2016

Building area net

26,010 m²

Land area gross

2.89 ha

Building class

Investment strategy

Distressed

Parking spaces

443

Media

Investment Highlights

Institutional asset with ability to increase rents
Irreplaceable product below replacement cost
Trendy, urban location in the Dallas Farmers Market
Adjacent to Deep Ellum entertainment district and at the epicenter of Dallas employment