The Premier at
Prestonwood

Acquired in late-2022, The Premier at Prestonwood is a three-story townhome-style community located in far North Dallas just off the intersection of Belt Line and Preston Road. Far North Dallas stretches north along the North Dallas Tollway (DNT), bordering LBJ Freeway (Interstate 635) the George Bush Turnpike (PGBT). This convenient location near several major thoroughfares provides residents quick access to the majority of the DFW Metroplex. The submarket is a popular destination for renters given the proximity to nightlife, entertainment and retail near the Galleria and Addison. The property’s location near Addison is a major office hub, making it a popular destination for commuters. The area also benefits from nearby UT Dallas to the east as an alternative for off-campus housing.

Built in 1995 and totaling 213,640 square feet, the community contains 208 units with an average size of 1,027 square feet. It features a mix of one- and two-bedroom floorplans, all of which include granite countertops, vaulted ceilings, crown molding and full-size washer-dryer connections. Each apartment also comes with either a one or two car attached direct-access garage. Resident amenities include a fitness center and community clubhouse complete with a pool/spa.

Westmount plans to upgrade select units including technology packages. In addition, Westmount will complete a full interior upgrade on a portion of the project to include quartz kitchen and bathroom countertops, new shower tile and backsplash as well as new lighting and fixtures. Planned amenity upgrades include the addition of a dog park, package lockers and new fitness center equipment. Also included in the renovation scope are new roofs, signage, and landscape upgrades.