Key Facts
Asset TypeMultifamily
Debt or EquityEquity
Total Capitalization$12,536,927
Strategy
Value-Add
Closing DateAugust 2018
Property Details
Alto Highland Park is a multifamily community in the upscale Highland Park submarket of Dallas that we rebranded from The Gables Highland Park. The 112-unit, Class B+ property caters to a wealthy resident profile and features a mix of oversized brick townhomes and traditional residences. It also provides access to a top school district in Dallas. The investment strategy is to increase the below-market rents to market and to renovate the dated units with modern luxury finishes to receive an additional rent premium.