Alta Landing_Property for Sale
Alta Landing_Property for Sale

Alta Landing

3100 Joplin Rd, Kennedale, TX, 76060, US

Description

JLL as advisor is pleased to present Alta Landing located at 3100 Joplin Rd, Kennedale, TX 76060. This prime investment opportunity offers fee simple interest in a newly constructed asset, strategically positioned near major thoroughfares Hwy 287 and I-20, providing seamless access to demand drivers and employment centers such as Mouser Electronics and Medical City Arlington Hospital.


This high-quality, institutional-grade property offers a unique opportunity in the supply-constrained Kennedale market. Alta Landing, completed in 2022, is the sole conventional multifamily asset delivered in the area in over a decade, capitalizing on minimal new supply in a five-mile radius. The property is attractively priced below replacement cost, allowing for significant rental upside with over $155 in potential rent growth. New ownership could capitalize on effective rents being 25-30% lower than replacement comparables.


Alta Landing comprises 270 units across three stories, with a current occupancy of 93% as of 03/02/2026. The property spans 251,112 SF on 10.27 acres, offering ample parking and diverse unit features. Community amenities include a resort-style pool, fitness center, and entertainment areas. The strategic location bolsters investment value, with close proximity to retail hubs like Mansfield Town Center and Arlington's Entertainment District.


Investment in Alta Landing promises strong cash flow stability driven by exceptional demographics, including a $101,169 median household income within a one-mile radius. As the Kennedale area experiences robust population growth (44% from 2010-2025), Alta Landing presents a compelling value-add investment, primed to deliver substantial long-term value and potential returns for discerning investors.

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Attributes

Number of units
270
Occupancy
75.6%
Year built
2022
Building area net
251,112 sf

Media

Investment Highlights

  1. 93% occupancy rate ensures stable cash flow
  2. Strategically located on Hwy 287, easy access to major employers
  3. Potential rent growth of over $155 per unit positions for revenue boost
  4. Priced below replacement cost, enhancing value proposition
  5. Exceptional demographics with $130K average income in 3-mile radius
  6. 5.9M+ SF of retail space nearby, supporting vibrant living environment
  7. No new supply within 5 miles, minimizing competition
  8. Proximity to Arlington's Entertainment District enhances desirability
  9. Institutional-quality asset with premium amenities for tenant retention
  10. Nearby employment hubs such as Mouser Electronics to drive demand
Alta Landing 4_Property for Sale
Alta Landing 4_Property for Sale

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Last updated
5 Mar 2026