Living / Multi-housing
Under Contract

St. James

2820 McKinney Ave, Dallas, TX, 75204, US

Executive Summarydownload
St. James_Property for Sale

Gallery

St. James 2_Property for Sale

Asset description

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 St. James (the “Property”). Built in 2006, the 331-unit asset is situated along McKinnon St. in the prestigious Uptown District, a walkable shopping, dining and entertainment district, with more than 200 bars and restaurants.

Attributes

Number of units
331 units
Occupancy
96.00%
Year built
2004
Building area Net
370,186 sf

Investment highlights

St. James is an institutional asset that offers residents luxury living with modern finishes, and ahead-of-its-time floor plans featuring large average unit sizes of 1,118 SF, walk-in shower/tub combos, and expansive walk-in closets that have been renovated. St. James is also offered at a significant discount to replacement cost considering the lack of land sites in the neighborhood, size of the site, and current construction costs make the development of like-kind product infeasible.


​​​​​​​In addition, St. James offers new investors significant value-add opportunity, while the asset provides residents the ability to live, work, and play just minutes from their doorstep. The Property’s strong cash flow, value-add potential, exceptional location, and surrounding amenities make St. James one of the most desirable offerings in the market.

St. James 4_Property for Sale
St. James 4_Property for Sale

Contact brokers

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, 2022