Luxury Investment – Avana West Lemmon 372-unit – Dallas

Luxury Investment – Avana West Lemmon 372-unit – Dallas

Luxury investment.

luxury investment

The Offering

CBRE is pleased to announce the exclusive listing of Avana West Lemmon, a 372-unit core-plus, value-add multifamily community situated in infill Dallas proximate to Uptown, Medical District and Dallas Love Field. Constructed in 2009, Avana West Lemmon offers investors the opportunity to increase rental rates through the implementation of an interior upgrade program coupled with common area amenity enhancements.

Investment Summary

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Investment Highlights

INFILL CORE-PLUS OPPORTUNITY

IMPRESSIVE GROWTH
Infill core-plus opportunity with significant upside in the rental rates through a low-cost high-impact interior value-add program coupled with a light common-area renovation Property continues to draft off of rising
Uptown rental rates

PREMIER LOCATION

SURROUNDING RESIDENTIAL MARKET
Strategic infill location proximate to Dallas’ most influential economic drivers Dynamic luxury single family residential market surrounding the asset

BARRIERS-TO-ENTRY

WALKABLE
Situated within Highland Park which is Dallas’ highest barriers-to-entry multifamily market Walkable to the Highland Park
Whole Foods

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Location Highlights

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Marketed By

Ryan Reid
Vice Chairman
+1 (214) 979-6540

Jeremy Faltys
Senior Vice President
+1 (214) 979-6384

Dirk Goris
Vice Chairman
+1 (214) 979-6505

 

Daniel Baker
First Vice President
+1 (214) 979-6586

 

Nita Stewart
First Vice President
+1 (214) 979-6535