Rowan Multifamily Advisors is pleased to exclusively present the South Crest Apartments in Dallas, TX. South Crest sits on 7.62 acres and consists of 150, one, two, three and four-bedroom units with an average square footage of 927 square feet per unit. The property is made up of eleven residential buildings, and one leasing office/laundry facility. The property is located 5 miles South of Downtown Dallas, near the I-35E/HWY 67 split, allowing residents easy access to the city and surrounding suburbs. This offering will provide a new investor with a strong cash flowing asset and room for upside in an historically strong submarket. ​

The property sits between I-35 and Hwy 67 just south of where these two highways split. A well recognized landmark would be the Christ for the Nations tower. This small Christian college campus caters to students from around the World and surrounds the subject property. The campus provides insulation from any other apartment complexes and is considered as a great neighbor to have as Southcrest is the only independently owned property in this immediate area.

The current owners have done all of the heavy lifting with regards to Exterior Capital Improvements, leaving plenty of upside in interior improvements.

Parkview on Cole is located in the heart of Dallas surrounded by Uptown, Highland Park, West Village and Knox Districts; this is a premier location attracting lifestyle renters. The property consists of 19, studio, one and two-bedroom floorplans with 18 garages located on the ground floor. Each Units is equipped with stackable washer and dryers, individual HVAC units (roof mounted) and individual hot water heaters. The property is situated at the hard corner of Cole Avenue and Elizabeth Street offering great exposure to traffic and visitors to Cole Park. Cole Park is a 7-acre community park established in 1923 with tennis/pickle ball courts, a playground, a pavilion, basketball courts, trails and more.

Constructed in 2018 and 2007, the property is comprised of spacious 3- and 4-bedroom floorplans averaging 1,759 square feet. Each unit features an attached 2-car garage, private fenced backyard, full size washer/dryer connections in the pantry/utility room, and either a wood burning or electric fireplace. The units are two-story townhomes, with the kitchen and living/dining room downstairs and bedrooms and additional bathrooms upstairs. The townhomes were built with quality in mind, featuring modern interior finish outs from subway tile backsplashes and granite counter tops, to spray foam insulation to reduce sound between units. The townhomes and area attract a lot of families with school-aged children, thus resulting in low annual turnover.

Contact Matt Waskow:

matt@rowanmultifamilyadvisors.com

​​​​​​​Rowan Multifamily Advisors is pleased to announce the exclusive listing of the Woodwind Apartments in Irving, TX. The property was constructed in 1983 and consists of 64, one- and two-bedroom units. This offering provides a new investor the opportunity to purchase a stable, cash flowing asset with proven upside through continued interior upgrades and other income streams.

Location Highlights

​​​​​​​Woodwind is located west, just outside of DFW Airport off of Hwy 161 and W Walnut Hill Ln. University of Dallas is a short drive to the east, making this pocket of Irving appealing to college students. Given that the area is thriving with young people, the entertainment available is unmatched; with the Toyota Music Factory Plaza located north of the property and an area known as “Resturaunt Row” located northwest of the property. Resturaunt Row is home to the Pappas chain of establishments, Look Cinemas and Cowboys Red River dance hall.

Woodwind is across the street from DFW International Airport and 11 miles from Dallas Love Field. The Property is surrounded by very desirable shopping and dining destinations such as Target, the Irving Mall, Home Depot, Best Buy, Chili’s, and more.

​​​​​​​RMA is pleased to announce the exclusive listing of Pine Oaks, our latest value-add offering. Pine Oaks is a 240-unit, 1983 construction multifamily property located in Mesquite, TX. The property is being offered as a loan assumption or with new financing, whichever the buyer prefers. Our team will be conducting a full marketing process so please reach out with any questions or if you would like to schedule a tour.

INVESTMENT OVERVIEW

Rowan Multifamily Advisors is pleased to exclusively offer The Atlas Apartments located in Dallas, TX. Constructed in 1962, the property consists of 59 units, with an average size of 929 square feet per unit. The subject property includes individual HVAC units to provide air conditioning and heat to all units and new boilers that supply domestic hot water. The property has had significant capital infusions to the interiors, exteriors, and common areas by the current owner, allowing a new investor to focus on unit interior upgrades and aggressive operations.

INVESTMENT HIGHLIGHTS

•Strong Value-Add Potential – Only 10% of Unit Interiors Upgraded
•Infill Location just 3.5 Miles from Downtown Dallas
•Located Right Across the Street from Stevens Park Elementary School
•New Multifamily, Single Family, and Retail Development within 0.1 Miles
•New Financing Available

LOCATION HIGHLIGHTS

•2.3 Miles from Trinity Groves
•0.5 Miles from Stevens Park Golf Course
•2.0 Miles from Bishop Arts District
•2.2 Miles from Methodist Dallas Medical Center
•3.4 Miles from Downtown Dallas
•3.7 Miles from Victory Park

Rowan Multifamily Advisors is pleased to exclusively offer The Aurora Apartments located in Dallas, Texas. The Aurora was constructed in 1969 and consists of 112 units, with an average unit size of 815 square feet per unit. All units have individual HVAC to provide air conditioning and heat as well as new boilers that supply domestic hot water. The Aurora has also had significant capital infusions to the exterior and common areas by the current owner allowing a new investor to focus on unit interior upgrades and aggressive operations.