Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY 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.

Attributes

Year Built 1998
Building Area Net
Land Area Net ()
Number of units 228

Asset 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 Chelsea on Southern (the “Property”), a 228-unit, Class A asset located in the highly regarded North Dallas submarket. Built in 1998, Chelsea on Southern offers residents luxurious interior finishes, while providing potential investors further value-enhancement opportunities through interior renovations and community amenity enhancements.


In addition, the Property is surrounded by an abundance of neighboring retail and employment centers including the Whole Foods anchored Village on the Parkway, Galleria Dallas, Platinum Corridor, and Legacy Business Park. Chelsea on Southern presents a unique opportunity to acquire a strong cash-flowing asset in a highly affluent infill location at a significant discount to replacement cost.

Investment Highlights

  • Community amenities include:
    • Resort-style swimming pool
    • Exclusive courtyards with gathering areas
    • Newly renovated fitness center
    • Gated parking garage
    • Business center and clubhouse
    • Pet-friendly community with bark park
    • Gourmet outdoor kitchen and fireplace
  • Interior features:
    • Hardwood-style flooring throughout
    • Wood burning fireplace
    • Stainless steel appliances
    • Quartz countertops and subway tile backsplash
    • White shaker and dark smooth face cabinets
    • Oversized patios
    • (all amenities in select units)
Last Updated Date: 05 Jan 2022

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Last Updated Date: 05 Jan 2022

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