Trellis at Lake Highlands_Property for Sale
Trellis at Lake Highlands_Property for Sale
9707 Walnut Hill Ln, Dallas, TX, 75238-2594, US

Trellis at Lake Highlands

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest for Trellis at Lake Highlands (the “Property”), a 104-unit asset located in Dallas, TX. The Property sits directly south of I-635 providing accessibility to numerous employment and entertainment destinations in the area including Medical City Dallas Hospital, Texas Instruments, Dallas College Richland Campus, and much more. Trellis at Lake Highlands provides potential buyers the opportunity to significantly increase rents through an interior renovation program and bridge the $157 rent gap between the Property and the competitive set. In addition, the Property is positioned within Richardson ISD and Lake Highlands High School, which is ranked in the top 15% as one of the best college prep high schools in Texas.

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Attributes

Number of units
104 units
Occupancy
97.00%
Year built
1984
Building area Net
8,060 m²

Media

Investment Highlights

COMMUNITY AMENITIES:

»    Sparkling Swimming Pool with Large Terrace

»    Garden with Outdoor Kitchen

»    Covered Parking

»    State of the Art Fitness Center

»    Controlled Access/Gates

»    Tennis Court

»    Package Receiving

APARTMENT FEATURES:

»    Granite Countertops*

»    Vaulted Ceilings*

»    Townhome Style Floorplans*

»    Faux Wood Flooring

»    Modern Lighting Package

»    Black Appliances

»    Washer/Dryer Connections

*in select units

Trellis at Lake Highlands 4_Property for Sale
Trellis at Lake Highlands 4_Property for Sale

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Trellis at Lake Highlands (0 Properties)

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Last updated
5 May 2023