A value-add investment located in a high-demand workforce housing market, positioned to unlock hidden value through strategic improvements.
Location: Irving, Texas (Las Colinas submarket)
Units: 268
Year Built: 1970
Average Unit Size: 920 SF
Total Square Footage: 242,784 SF
Lot Size: 18 Acres
Buildings: 34
Parking Spaces: 514
High-growth DFW submarket
Strong in-place cash flow from Day 1
Purchased at a discounted price (~$101K per unit)
Significant upside through rent increases and operational improvements
Conservative underwriting with additional buffers
95% Total Return (5-Year Hold)
~6%+ Average Annual Cash Flow
~19% Average Annual Return (AAR)
Investor Split: 75% / 25%



Exterior upgrades (paint, roofs, landscaping)
Interior unit renovations (100 units)
Plumbing, HVAC, electrical upgrades
Community enhancements (pool, fitness center, dog park)
New amenities & operational improvements
Median household income: $77K+ (3-mile radius)
Population: 479,000+ nearby
Close to University of Dallas
Home to 10 Fortune 500 companies
Limited new construction supply
$350M+ Assets Under Management
4,000+ Units Managed
2x+ Equity Multiple on past deals



Tower Village Apartments is a 268-unit multifamily investment opportunity located in Irving, Texas, within the highly sought-after Las Colinas submarket. Acquired at an attractive basis of approximately $101K per unit, the property offers significant upside through strategic renovations, operational improvements, and revenue optimization. Situated on 18 acres with oversized floorplans and strong existing occupancy, Tower Village presents a rare opportunity to acquire stabilized workforce housing in one of the strongest Dallas–Fort Worth markets.
Backed by an experienced sponsorship team with over $350M in assets under management and 4,000+ units managed, the business plan focuses on creating long-term value through interior and exterior upgrades, expense reductions, and rent growth. The investment is projected to deliver strong investor returns, including approximately 95% projected 5-year gains, 6%+ average annual cash flow, and 19% average annual returns, while benefiting from the long-term growth and demand of the Las Colinas area.
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