
Pinnacle Ridge
1310 N Cockrell Hill Rd, Dallas, TX, 75211-1386, US
296 단위
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.

