Meadow Green_Property for Sale
Meadow Green_Property for Sale
3001 E Avenue K, Grand Prairie, TX, 75050, US

Meadow Green

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 in Meadow Green (the “Property”), a unique 100-unit value-add asset located in Grand Prairie, TX. Strategically positioned between Interstate-30, Highway 360, and President George Bush Turnpike, the Property provides convenient access to both Dallas and Fort Worth as well as large area employment centers that include the Great Southwest Industrial Park, General Motors Assembly Plant, and DFW Airport. In addition, Meadow Green is situated near the largest entertainment district in North Texas with venues including AT&T Stadium, Globe Life Park, Texas Live!, and Six Flags Over Texas. Built in 1980, the property offers a distinct unit mix with all two-bedroom units featuring a townhome layout. With a $198 rent gap to the competitive set, the Property provides investors the ability to increase rents through a full-scale renovation program. New ownership can leverage the area’s significant momentum and implement an impactful renovation program to enhance NOI.

...

Attributes

Number of units
100 units
Occupancy
97%
Year built
1980
Building area net
94,559 sf
Land area net
4.63 acres (201,683 sf)

Media

Investment highlights

COMMUNITY AMENITIES

• Rejuvenating Swimming Pool

• Carports

• Proximate Dog-Friendly Green Space

• Spacious Leasing Office

• Extensive Frontage Along E Avenue K


APARTMENT AMENITIES

• Large Gourmet Kitchen

• W/D Hookup

• Spacious Closets

• Vinyl Plank Flooring

• Carpeting

• Patio/Balcony

• Supplementary Storage

• Wet Bar

• Cozy Wood Burning Fireplace*

• Ceiling Fan

• Skylights*

*in select units

Meadow Green 4_Property for Sale

Contact brokers

Meadow Green (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Nov 30, 2023