Park at Ashford, The

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in The Park at Ashford (the “Property”).This distinctive 144-unit value-add asset is located in Arlington, TX, providing convenient access to both Dallas and Fort Worth, as well as prominent retail destinations and employment centers like The Parks Mall at Arlington, University of Texas at Arlington (UTA), Medical City Arlington, AT&T Stadium, and Grand Prairie Premium Outlets. The Property offers spacious floorplans that generate a neighborhood atmosphere, complemented by attached one and two-car garages. With the Property achieving rent premiums between $156 and $189 on renovated units, investors can capitalize on rent increases through a comprehensive renovation program, considering that only nine units have been renovated (~6% of the property). Under new ownership, the unique single-family ambiance of the units, coupled with the significant momentum of the area fueled by the growth of UTA, the World Series Champions Texas Rangers, AT&T Stadium hosting the World Cup in 2026, and the ongoing development of Texas Live!, can be leveraged to implement an impactful renovation program that enhances NOI.