​​​​​​​The Garden Homes of Princeton is a fully approved multifamily development in Princeton, Texas, located 40 minutes north of downtown Dallas and 10 minutes east of McKinney. The 12.1-acre project includes 126 single-story units in fourplex configurations, while offering 1-, 2-, and 3-bedroom layouts. The project meets HUD requirements while emphasizing privacy and comfort. With no units above or below and limited shared walls, the community offers a more home-like living experience, enhanced by end-cap units with side kitchen windows.

Rowan Multifamily Advisors is pleased to exclusively present the Esperanza Apartments. Esperanza sits on 3.17 acres in North Dallas, off of Esperanza Road, at the convergence of two of the largest highways in the metroplex – Us Highway 75 and Interstate 635. The property was constructed in 1965 and consists of 71, one- and two-bedroom units averaging 900 square feet per unit. The current owner has injected over $1 million in capital into the property.

Investment Highlights

​​​​​​​•Strong Location in Far North Dallas – $60,000 Median Household Income
•40 Units Upgraded Achieving $160 Rental Premiums
•Located in Award Winning Richardson ISD
•Over $1 Million of CapEx infused in the past year
•Renovations include converting the property to individual HVAC units
•Situated at the Convergence of Highway 75 and I-635

Rowan Multifamily Advisors (RMA) is pleased to present the exclusive listing of The Patios of McKinney. This one-of-a-kind, single-story community comprises 60 units built in 1970, each featuring private entries, vaulted ceilings, expansive fenced patios, and in-unit washer/dryer connections.

The Patios is ideally located in McKinney, TX—one of the fastest-growing suburbs in the Dallas–Fort Worth metroplex. The city’s population has grown from 54,000 in 2000 to more than 220,000 in 2024, underscoring strong long-term demand fundamentals.

In 2021, the property underwent an extensive renovation, with 50 of the 60 units fully upgraded. Interior improvements included new kitchen cabinets, granite countertops, stainless steel appliances, updated bathroom vanities, designer backsplashes and shower tile, new bathtubs and shower pans, modern lighting and ceiling fans, upgraded closets, luxury vinyl plank flooring throughout, new windows, and swinging patio doors. Exterior enhancements included new concrete patio slabs, fencing, painted brick, new HVAC systems, and more.

Investment Highlights

• Distinctive boutique community with strong value-add upside through lease-up and stabilization
• Prime McKinney location less than one mile from the intersection of Interstate 75 and Highway 380
• Significant recent capital investment, including new windows*, gutters, exterior paint, and more
• Proximity to major employers such as Raytheon, Independent Financial, Encore Wire, and McKinney National Airport

• Limited Competition – Only two properties over 50 units were constructed pre-1980 within the City of Mckinney

Rowan Multifamily Advisors is pleased to announce the exclusive listing of the North Park Townhomes in Springtown, Texas. Built in 2020, North Park consists of 48 large, townhome style units including three bedroom/two bath units and three bedroom/two and a half bath units with an average of 1,316 square feet per unit. This fourplex style community is located just 20 miles from the outer loop of Fort Worth providing quick access to all of the Fort Worth job centers. 

The property includes high end finish outs such as granite countertops, stainless steel appliances, undermount sinks, washer and dryer connections, expansive private yards, direct access garages and nine foot ceilings. North Park is located in Springtown, a Northwestern suburb of Fort Worth with a population of 3,200 people but feeds off the rapid growth of the Dallas/Fort Worth metroplex. There is no other new inventory coming inline in the Springtown market, making Northpark the destination for quality renters in this area. 

Investment Highlights

​​​​​​​North Park gives a new investor the opportunity to purchase a strong, cash flowing asset in a low competition area just outside of Fort Worth. Though this property is new construction, there are some areas to add value including providing washer and dryer machines to the residents for a $50 premium per month. Other areas for value creation include adding a wireless internet package and billing the residents for this service and adding a community pergola with grilling station.

Loraine Place is a boutique 20-unit community constructed in 1970, featuring one- and two-bedroom floorplans averaging 603 square feet. Over the past 5 years over $325,000 of improvements to the property including addressing deferred maintenance, upgrading the exterior with new paint and landscaping, and renovating 16 units to premium finish out featuring stainless steel appliances and granite/quartz countertops. 

With the exterior largely addressed, a new owner can budget to finish upgrading the remaining 4 “classic” units to further boost income. There are also additional income opportunities through the implementation of reserved parking program for $25/space/month. 

Investment Highlights

• Stable, Cash Flowing Asset that is Currently 100% Occupancy
• Agency Debt Available with Strong Leverage ~75% 
• Turnkey Asset in a Supply Constrained Market
• Median Household Income Over $53,914 within Three Miles
• Minutes from Downtown Fort Worth and The Stockyards

Rowan Multifamily Advisors is pleased to announce the exclusive listing of Colorado Square, One Medlin, and Tristar Apartments in Arlington, Texas. Constructed in the 1970’s and 1980’s, these properties total 81 units well located in the heart of Arlington, in close proximity to The University of Texas Arlington, a major research university with a focus on engineering, business, and nursing, as well as other major attractions of the city that draw scores of visitors each year, contributing significantly to the local economy through tourism-related spending. 
 
These assets offer upside in the opportunity to mark rents to market, as well as provide long term value to a new owner. Fundamentally, the Arlington market is positioned well to transact at a much lower cost than replacement, underscoring the value appreciation of value-add assets in the market. With an increase of infrastructure projects, job creation, and population growth in the area, there exists an avenue to see value creation opportunities year after year of ownership. 

Investment Highlights

​​​​​​​•Continuously Owned and Managed by the same Group for the Past 15+ Years
•100% Classic Units, Rents are over $300 Below Market Rates
•Upside through Further Implementation of RUBs Program 
•Median Household Income of Over $70,000 within One Mile
•Situated Near the University of Texas at Arlington Campus