



Westmount at
Colonnade
2815 Osler Dr, Grand Prairie, TX 75051, USA
SOLD
Westmount acquired the Colonnade Apartments, a strong Class A garden-style apartment property in October 2015. The property consists of 192 units on an 11.19 acre site, for an average of 17 units/acre. The apartment community is strategically located in the heart of the Dallas/Ft. Worth Metroplex, adjacent to Highway 360 and within minutes of major employers such as DFW Airport, Lockheed Martin, General Motors and Bell Helicopter-Textron, Inc.
We rebranded the property to “Westmount at Colonnade” and implemented significant value-add projects including additional amenity offerings and unit interior upgrades. These include updating lighting and plumbing fixtures, cabinetry, countertops, appliances, brushed nickel accents and faux wood flooring. The exterior renovations consist of updating the common areas and amenities, minor wood/stucco repair, landscaping, upgrades to the leasing office, parking lot repairs and upgraded exterior lighting. Additional updates will include new seating areas and new pool furniture, as well as the addition of an outdoor kitchen.
Click here to view our case study for this property.
Dallas-Fort Worth Multifamily Portfolio
Westmount currently owns five multifamily communities totaling 1315 units in the Dallas-Fort Worth market:
Greens Crossing (Dallas, TX) – Acquired 2012
Westmount at Forest Oaks (Arlington, TX) – Acquired 2016
Skyline at Kessler (Dallas, TX) – Acquired 2019
Westmount at River Park (Fort Worth, TX) – Acquired 2020
The Premier at Prestonwood (Dallas, TX) – Acquired 2022
- A
Asset Quality
- 192
Number of Units
- 2001
Year Built
- 2015
Year Acquired
- 2018
Year Sold
- 93%
Occupancy at Sale
More Information
Daniel Blough
214-884-3719
DBlough@westmountrc.com