Portfolio

Hutton Creek & Keller Oaks

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area Net
Land Area Net ()
Number of units 478
Occupancy 97.0 %
Call for Offers 2022-03-29

Portfolio description

Jones Lang LaSalle Americas. Inc. or its state licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Hutton Creek and Keller Oaks (the “Portfolio” or “Properties”), consisting of 478 units located in Carrollton, Texas. The Properties enjoy remarkable access as they are situated two miles from the Dallas North Tollway and SH-161 providing convenient access to an abundance of neighboring retail and employment centers including the Platinum Corridor, Legacy Business Park, Village on the Parkway, and Galleria Dallas. Built in 1978-1979, Hutton Creek and Keller Oaks offer potential investors numerous value-enhancement opportunities through interior renovations and community amenity enhancements while simultaneously requiring little deferred maintenance.

Investment Highlights

ATTRACTIVE CLASS “B” COMMUNITIES WITH RECENT CAPITAL INFUSION – The Properties are well-maintained, Class B assets in low-density settings and featuring all two-story designs. The Portfolio is in excellent physical condition as current ownership has invested more than $3.2 million into Hutton Creek and $2.5 million into Keller Oaks, allowing a new owner the opportunity to focus capital improvements on potential interior improvements rather than having to cure any deferred maintenance.


CONTINUED VALUE-ADD OPPORTUNITY


HUTTON CREEK

New ownership has the opportunity to add quartz countertops, new cabinet fronts, stainless-steel appliances, subway tile backsplash and faux wood flooring to 258 out of 258 units (100%).


KELLER OAKS

New ownership has the opportunity to add quartz countertops, new cabinet fronts, stainless-steel appliances, subway tile backsplash and faux wood flooring to 171 out of the 220 units (78%).

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

List View
Map View
Hutton Creek & Keller Oaks (2 Properties)
Hutton Creek
Carrollton, TX, United States
Keller Oaks
Carrollton, TX, United States
Expand Map Collapse Map
Last Updated Date: 15 Apr 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.