Palisades at Bear Creek

Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in The Palisades at Bear Creek (the “Property”) a 120-unit, low density community (12 units/acre) with exceptional amenities. The Property is conveniently situated between SH-121 and SH-360, offering easy access to various amenities and nearby employment centers such as DFW International Airport, Gaylord Texas, Southlake Town Square, Texas Health Harris Methodist HEB Hospital, and American Airlines Corporate Headquarters. Built in 1984, The Palisades at Bear Creek presents a unique opportunity to renovate nearly all the units at the Property and bridge the $165 delta between current effective rents and the competing properties. Additionally, the Property demonstrates high resident retention with 31% of residents living at The Palisades at Bear Creek for three years or longer.