Lockhart Apartment Homes

Jones Lang LaSalle Americas, Inc. ("JLL") has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Lockhart Apartment Homes (the "Property"), a 380-unit value-add asset located in Mesquite, TX. Strategically positioned along Interstate 635 and equidistant from Highways 80 and 20, Lockhart Apartment Homes delivers unparalleled connectivity to DFW's premier employment centers, including Downtown Dallas, Uptown, Telecom Corridor, and the dominant mesquite industrial submarket. Residents benefit from immediate proximity to Town East Mall, East Dallas' preeminent retail destination featuring over 160 stores across 1.4 million square feet of shopping, dining, and entertainment. Furthermore, the property’s surrounding demographics support future rent growth with a median household income of $75,524. This exceptional investment opportunity seamlessly integrates strategic access, robust employment connectivity, premier lifestyle amenities, and a compelling value creation story through renovating the remaining 75% “classic” units, positioning investors to capitalize on a high-potential value-add asset within one of Texas' most rapidly expanding markets.