Summary
Silverado acquired an off-market, 208-unit apartment community located in Dallas, TX in 2021.
Constructed in 1980, this Class-B garden-style apartment community represents an exceptional value-add opportunity. The Landing at Lovers, previously named Bachman Oaks, will be our first Dallas location we have purchased. Silverado has attempted for a number of years to acquire an existing deal in this market, but due to pricing we have been unable to consummate a transaction.
However, this off-market, 1980s vintage product at $92k per door presents a value-add opportunity to implement upgrades and bring rents to market.
Community Amenities
- Swimming pool
- Onsite laundry
- Grilling areas
- Gated community
- Package-receiving
- Courtyards
- Courtesy patrol
Unit Amenities
- Cable-ready
- Large walk-in closets
- Fireplaces
- Ceiling fans
- Washer/dryer connections
- Vaulted ceilings*
- Laminate wood floors*
*in select units
