Reserve at White Rock & Trails of White Rock

Dallas, TX, US, Americas

Description

Jones Lang LaSalle Americas, Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to acquire the fee simple interest in Reserve at White Rock and Trails of White Rock (the “Portfolio” or “Properties”), two Class A assets located in the highly coveted White Rock submarket of Dallas, TX. Completed between 1999 and 2000, the Properties present a compelling opportunity for an investor to complete the value-add program initiated by current ownership, which is already achieving rental premiums of $200–$400 over classic units.

...

Attributes

Number of units

588

Building area gross

456,168 sf

Land area gross

317,649 sf

Reserve at White Rock & Trails of White Rock (2 Properties)

Media

Investment Highlights

Situated near White Rock Lake, the Dallas Arboretum, White Rock Lake Trail, and the Dallas CBD, the Portfolio offers residents convenient access to premier outdoor amenities and key employment centers. Notably, Reserve at White Rock features a rare composition of 58% townhome units, further distinguishing it in the market. This offering represents a unique opportunity to acquire two high-quality, core assets in a high barrier-to-entry submarket.