Documents
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Attributes
Year Built | 2016 |
Building Area Net |
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Land Area Net |
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Rentable Area |
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Number of units | 340 |
Occupancy | 94.0 % |
Asset Description
Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest Cortland Good Latimer (the “Property”) a luxurious Class A asset located in Dallas, TX. Consisting of 340 units, the Property was built in 2016 and is located in the heart of the revitalized Farmers Market in the southeast portion of the Dallas CBD. This exceptional location offers residents a true live-work-play environment, as the Property is in close proximity to the Farmers Market, Deep Ellum, Dallas Arts District, and the Dallas CBD. In addition, Cortland Good Latimer has seen significant effective rental increases as the Property has achieved 22.1% growth on most recent lease trade out report.
Investment Highlights
- Walkable location in the Farmers Market
- Minutes from Baylor University Medical Center
- Deep Ellum Entertainment District revitalization
- Opportunity to organically increase rents
- Significant neighboring employment centers