Multi-Housing

Chimney Hill

9637 Forest Ln Dallas, Texas United States 75243-8699

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

Asking Price Contact for pricing

NOI Net Operating Income N/A

Cap Rate N/A

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Attributes

Year Built	1997
Building Area
Land Area	()
Number of units	240

Property Description

Chimney Hill, a 240-unit apartment complex located in Dallas, TX, sits directly north of I-635 providing accessibility to numerous employment and entertainment destinations in the area including Medical City Dallas Hospital, Telecom Corridor, Dallas College Richland Campus, CityLine, and much more. Chimney Hill provides potential buyers the opportunity to continue or expand on the in-place interior renovation program to further push rental rates.

Originally built by renowned developer JPI, Chimney Hill is a well-built Class A asset that features 9’ ceiling heights, direct access garages for many units, 100% full-size washer/dryer connections, a full amenity set, numerous open courtyard areas, and an expansive clubhouse. In addition, the Property is positioned within Richardson ISD and Lake Highlands High School, which is ranked in the top 14% as one of the best college prep high schools in Texas.

Investment Highlights

Community Amenities

• Resort Style Swimming Pool w/ Lounge Area

• Large Dog Park

• Outdoor Kitchens

• Fitness Center

• Covered Parking

• Detached and Attached Garages

• Secure Gated Community

Apartment Amenities

• Nine Foot Ceilings

• New Appliance Package*

• Washer/Dryer Connections

• Tile Backsplash*

• Two-Inch Blinds

• Upgraded Hardware*

• Fireplace*

• Hardwood-Style Flooring

* In select units

Last Updated Date: 17 Feb 2021

Rob Key

Managing Director, Capital Markets

License details

TX-509191

+6278033212203

David Austin

Senior Director, Capital Markets

License details

652736

+6278033212203

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Last Updated Date: 17 Feb 2021