Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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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.

Key Facts

Year Built 1997
Building Area
Land Area ()
Number of units 240

Property Description

Chimney Hill, a 240-unit apartment complex located in Dallas, TX, sits directly north of I-635 providing accessibility to numerous employment and entertainment destinations in the area including Medical City Dallas Hospital, Telecom Corridor, Dallas College Richland Campus, CityLine, and much more. Chimney Hill provides potential buyers the opportunity to continue or expand on the in-place interior renovation program to further push rental rates.


Originally built by renowned developer JPI, Chimney Hill is a well-built Class A asset that features 9’ ceiling heights, direct access garages for many units, 100% full-size washer/dryer connections, a full amenity set, numerous open courtyard areas, and an expansive clubhouse. In addition, the Property is positioned within Richardson ISD and Lake Highlands High School, which is ranked in the top 14% as one of the best college prep high schools in Texas.

Investment Highlights

Community Amenities

• Resort Style Swimming Pool w/ Lounge Area

• Large Dog Park

• Outdoor Kitchens

• Fitness Center

• Covered Parking

• Detached and Attached Garages

• Secure Gated Community


Apartment Amenities

• Nine Foot Ceilings

• New Appliance Package*

• Washer/Dryer Connections

• Tile Backsplash*

• Two-Inch Blinds

• Upgraded Hardware*

• Fireplace*

• Hardwood-Style Flooring

* In select units

Last Updated Date: 17 Feb 2021
Rob Key
Rob Key
Managing Director, Capital Markets
License details
TX-509191
David Austin
David Austin
Senior Director, Capital Markets
License details
652736

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Last Updated Date: 17 Feb 2021

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