Sarah SullivanFounder and CEO of SuGo Capital

Investing in The Park at Ashford | Arlington, TX Townhome Community | Equity Growth Opportunity

Name: Investing in The Park at Ashford | Arlington, TX Townhome Community | Equity Growth Opportunity
Uploaded: 2024-05-16T14:49:28+00:00
Duration: 1 min 30 s
Channel: Sarah Sullivan
Description: A short investor presentation (YouTube) by Sarah Sullivan for Sugill Capital promoting "The Park at Ashford," a Class B townhome-style apartment…

16 May 2024 · 2 min

Watch on YouTube

1:30

A short investor presentation (YouTube) by Sarah Sullivan for Sugill Capital promoting "The Park at Ashford," a Class B townhome-style apartment community in Arlington, Texas, as a passive equity-growth investment opportunity. The property comprises 144 units (avg. 883 sq ft), is ~93% occupied, and features condo-spec townhomes (9' ceilings, attached garages, individually metered utilities, in-unit washer/dryer). Its location offers access to I-20 and Highway 360 with proximity to AT&T Stadium, Globe Life Park/Ranger Stadium, Six Flags, DFW Airport and major employers (Arlington ISD, Lockheed Martin). The sponsor plans a "Platinum" renovation program targeting 135 units with high-end interior finishes and exterior amenity upgrades; the team estimates approximately $11M of value creation. The presentation cites Arlington ISD (B rating on Niche) and a local median household income just under $70,000 to position demand.

Questions this video answers

144 units.

883 square feet (average).

93%.

135 units.

Approximately $11 million.

Chapters

We are excited to present the park at Ashford as Sugill Capital's latest multi family real estate passive investment opportunity. Positioned as an equity growth offering, the park at Ashford is a remarkable acquisition with a strong basis relative to recent transactions in the sub market. The park at Ashford is a Class B asset townhomes style apartment homes. The property has 144 units averaging 883 square feet and is currently occupied at 93%. This product stands out in the market because of its desirable condo spec townhomes with nine foot ceilings, attached garages, individually metered utilities and washer dryer connections for all units. Situated in Arlington, Texas, the property's location allows for convenient access to Fort Worth, Dallas or Mid Cities via I20 and Highway 360. This location also provides quick access to entertainment areas like AT&T Stadium, Ranger Stadium, Six Flags shopping and more. The property is location gives residents quick access to major employment headquarters including DFW International Airport, Arlington ISD and Lockheed Martin. Additionally, the park at Ashford falls within the Arlington ISD which boasts a b rating on niche.com with the median household income for the area just under $70,000, this asset is perfectly poised for income.
Driving Transformations through the Platinum Renovation scope. Using our vertically integrated construct construction management company, we are estimating 11 million of potential value at creation with 94% of.
Units currently in crafting conditions. We have earmarked 135 units for platinum Renovations which include high end stainless steel appliances, waterfall quartz countertops, quartz backsplash tub surround, new shaker style cabinets and more. In addition to interior renovations, anticipated exterior renovations include enhancing security with perimeter, bench lighting, access control and roof repair, revitalizing the pool areas and adding amenities such as a dog park. Other contemplated income drivers include patio extensions.
Washer dryer rentals, technology packages and more. We are thrilled to offer this exciting investment opportunity. If you have any questions, our dedicated investment team is ready to assist you. Find out more@stegallcapital.com open.