164 East 61st Street
US - New York, NY
HK$64,096,000 | 5 units
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 in District 2308 (the “Property”), a 240-unit asset located in Arlington, Texas. The Property provides an opportunity for new ownership to continue a value-add program on unit interiors to capture significantly higher effective rents, as the effective rents at the Property sit at a $254 discount to the competitive set. Positioned in North Arlington, the Property offers excellent access to several large employment/entertainment centers including AT&T Stadium, Globe Life Field, DFW International Airport, General Motors Assembly Plant, and the Great Southwest Industrial Park.
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Attributes
Number of units
240 units
Occupancy
90.00%
Year built
1979
Building area Net
171,188 sf
NOI
HK$12,643,000
Media
Investment Highlights
COMMUNITY AMENITIES:
• Business Center with Wi-Fi
• Resort Style Pool
• Resident Lounge and Clubhouse
• State-of-the-Art Fitness Center
• Onsite Clothing Care Center
• Package Receiving Center
• Park-like Setting with Lush Landscaping
• BBQ and Picnic Areas
INTERIOR FEATURES:
• Washer/Dryer Connections* (A3, B1, and B2 Unit Types)
• Black or Stainless-Steel Appliances*
• Wood Style Plank Flooring*
• Refinished Countertops
• Upgraded Cabinetry and Finishes*
• Upgraded Lighting and Plumbing Fixtures*
• Dishwasher
• Custom Tile Backsplash*
• Brushed Nickel Hardware*
• Crown Molding
• Fireplace*
• Dual-Toned Accent Paint*
• Custom Framed Bathroom Mirrors
• Patios/Balconies
*In Select Units
Contact brokers
District 2308 (0 Properties)
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Last updated
15 Sep 2023
