Rowan Multifamily Advisors is pleased to announce the exclusive listing of 4222 Newton, six units in the heart of Oak Lawn. Conveniently located South of the residential areas of Highland Park, University Park, and Preston Hollow, and just North of Uptown, 4222 Newton is near the most sought-after parts of Dallas from both leisure and professional aspects. New development has been concentrated in this pocket of Dallas, with multiple office, multifamily, and mixed-use projects in the pipeline.

Before any capital improvement dollars are spent, rents can benefit from surrounding comparable properties. There is also an opportunity to bring interiors up to date as units turn and capitalize on greater rent premiums seen in newer constructions.

INVESTMENT HIGHLIGHTS

• Prime location near both city and residential amenities
• Easy access to Dallas North Tollway and Highway 75
• Located near new public and private projects

RMA is pleased to announce the exclusive listing of The Barcelona on Chisholm Trail, a 248-unit, value-add property in Southwest Fort Worth. The asset sits in a high visibility location just off the newly constructed Chisholm Trail Parkway, with traffic counts over 40,000 vehicles per day. The Barcelona on Chisholm Trail presents a new investor the opportunity to carry out a value-add program through continued interior renovations as well as updates to the amenity set.

•Quality, 1980s Construction with Robust Amenity Set
•Located just off the Chisholm Trail Parkway – Providing Residents Easy Access to Downtown Fort Worth
•Tremendous Value Creation Potential Through Continued Stabilization, Interior Upgrades, and Other income
•Strong Location with Median Household Incomes of $78,000 within Three Miles
•Quality Retailers and Grocers within Walking Distance – Costco, Target, Chick-Fil-a, etc.

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.