2241 South Business Highway 121
Lewisville, Texas 75067
Formerly known as Alta Vista Ridge, this Class “A” garden-style apartment community was rebranded as “Westmount at Vista Ridge” by Westmount upon acquiring the property. With almost two-thirds of its 270 units being in the 2- and 3-bedroom size, plus its inclusion in the Lewisville Independent School District with six National Blue Ribbon of Excellence schools, Westmount at Vista Ridge is at a marketing advantage for families. Conveniently located near DFW Airport and the Highway 121 Office Corridor, the location offers retail services through Grapevine Mills Mall and Vista Ridge Mall. Area hotels are the Gaylord Texas Resort and Great Wolf Lodge, and recreational amenities are available from nearby 8,000 acre Lake Grapevine and 29,000 acre Lake Lewisville.
The three-story asset constructed in 2006/07 consists of 270 units and 291,240 square feet, situated on 11.7 acres, with 23 units per acre. Renovations to the property including unit interior updates and amenity upgrades are budgeted, beginning in the first quarter of this year and are expected to be complete in 18 months. Interior improvements include faux wood flooring, updated fixtures, custom tile backsplash and resurfaced countertops. The exterior focus will be the pool area with new seating areas, new pool furniture, as well as the addition of an outdoor kitchen. We also plan to update the fitness center on the property. Though the property is relatively young, these renovations will serve to keep the property competitive with recent new developments in the neighborhood.
Westmount Realty Capital, LLC