These are the type of properties America 2030™ seeks to purchase as syndicated investments. None of the properties on this page were purchased, sold, brokered or otherwise controlled, managed or owned by America 2030™, nor does America 2030™ make any representation that buildings such as these could be purchased by the fund.

187-Unit Class A Golf Course Multifamily Community - Dallas, Texas
 

 187-Unit, Class A Golf Course Community – Dallas, Texas

 Project Overview:  Sample Property B was built in 1994 and is a 187-unit, class A golf course community located in the heart of North Dallas, Texas on approximately 8.54 acres. The property offers residents idyllic views of an exclusive golf course in an urban infill location. The property offers a diverse unit mix with one, two, and three bedroom floor plans with and average size of 1,010 square feet.

Project Location: The apartment community is strategically located in the Dallas-Fort Worth Metroplex, which is the fourth-largest metroplex in the nation and the largest in Texas. The property benefits from excellent exposure to heavy drive-by traffic totaling over 25,000 vehicles per day. The North Dallas Tollway, a major north-south thoroughfare with daily traffic counts in excess of 150,000 vehicles per day, is located two blocks east of the property, and Belt Line Road, a major east-west thoroughfare with daily traffic counts in excess of 45,000 vehicles per day, is located one block south of the property. Additionally, the property is located within close proximity to over six million feet of shopping and retail businesses.

Property Purchase Price: $21,500,000

Potential Equity Investment: $7,900,000

Investment Analysis Summary:

• Institutional Quality Asset. Sample Property B is a class “A” golf course apartment complex located in the high barrier to entry Galleria area of North Dallas, Texas. The property consists of 187 units in 10 buildings stretched out in linear fashion along an exclusive private golf course. Amenities of this property include golf course views, state-of-the-art fitness center, garages, and vaulted ceilings.
• Competition. The North Dallas rental market remains strong with a 94% average occupancy rate and rental rates per square foot of $1.12. Sample Property B has an occupancy and rental rate of 96% and $0.98, respectively.
• Strong Demographics. The Dallas-Fort Worth Metroplex is home to over six million people and offers a dynamic and diverse economy and houses a healthy mix of business services. Named by Fortune Magazine as the “Best City in North America for Doing Business”, Dallas-Fort Worth’s central location makes it a popular choice for many of America’s top companies, including America Airlines, Texas Instruments, Baylor Medical Center and Texas health Resources. Income levels have increased 5.5 percent putting the median household income eight percent higher than the rest of the United States. The median age for the area is at 33.1 years with senior citizens 65 years and older comprising only 8 percent of the total population.
• Retail Demand Drivers. Sample Property B is located within close proximity to over six million square feet of shopping and retail including The Galleria Dallas, a 1.3 million square foot regional center anchored by Nordstrom, Macy’s and Saks Fifth Avenue, and Valley View Mall, a 1.6 million square foot center anchored by JC Penny, Macy’s and Sears.

These are the type of properties America 2030™ seeks to purchase as syndicated investments. None of the properties on this page were purchased, sold, brokered or otherwise controlled, managed or owned by America 2030™, nor does America 2030™ make any representation that buildings such as these could be purchased by the fund.