Multi-Housing

5 Mockingbird Apartments

5555 E Mockingbird Ln Dallas, Texas United States 75206
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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

Year Built 2001

Property Description

Completed in 1998, 5 Mockingbird is a Class “A” community that presents the rare opportunity to acquire a core, trophy property in a second-to-none location. The Property is in excellent physical condition as current ownership has invested nearly $10 million of capital into the asset including unit upgrades with granite countertops, stainless steel appliances, faux wood floors, subway tile backsplash, new cabinets, modern lighting package, brushed nickel fixtures, and upgraded lighting and hardware.

Investment Highlights

  • 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 5 Mockingbird (the “Property”) in Dallas, TX. Completed in 1998, the 449-unit community is located along Mockingbird Lane and two blocks east of US-75., the primary thoroughfare that connects the Dallas CBD and Uptown Dallas. The Property’s irreplaceable location offers a true Live / Work / Play environment as it is within walking distance of numerous restaurants, bars, entertainment venues, and economic activity in Dallas. This urban setting helps the Property attain a “Walk Score” of 89. Furthermore, 5 Mockingbird represents an opportunity to acquire a recently renovated, high-quality asset that is below replacement cost in one of Dallas’ most desirable areas.
Last Updated Date: 11 Sep 2020
Roberto Casas
Roberto Casas
Senior Managing Director, Multi-Housing Group Leader
License details
TX-0512740
Bill Miller
Bill Miller
Senior Managing Director, Multi-housing Group Leader
License details
AL-000066273 TX-0469707

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Last Updated Date: 11 Sep 2020

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