Ashton Oaks Multifamily Property

[Wayne Grover]

Investment Info:

Large multi-family value-add investment near Dallas, TX.

Purchase price: $19,750,000
Cash invested: $5,925,000
Sale price: $35,500,000

Ashton Oaks is a 168-unit garden-style community built in 1987 and is situated on 6.78 acres with 129,924 SF of net rentable area. The Property includes five-floor plans, including two different one-bedroom units and three different two-bedroom units.
Ashton Oaks is also improved with 274 parking spaces.