10700 Woodmeadow Parkway
Dallas, Texas 75228
Greens Crossing is a 364 unit apartment complex located in northeast Dallas, Texas. At acquisition, the property was 77% leased at below market rental rates, and acquired at an attractive price for its market area.
Prior to acquisition, the property was suffering from deferred maintenance and a lack of needed capital for improvements. The Plan is to rehabilitate, reposition and stabilize the asset which will bring the asset up to market value. Since acquisition there have been significant improvements completed, including 70+ unit interiors renovated, the foundation slab repaired and pool furniture being installed. Currently exterior wood replacement and re-painting prep work is underway, as well as an outdoor kitchen and grill area at the pool. Due to these improvements, the property is experiencing an upswing in leasing activity.
Westmount Realty Capital, LLC