Living / Multi-housing

Galatyn Station 2022

2301 Performance Dr Richardson, Texas United States 75082-4536
Asking Price Contact for pricing
Area Size
NOI Net Operating Income
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2008
Building Area Net
Land Area Net ()
Rentable Area
Number of units 285
Call for Offers

Property 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 in Galatyn Station (the “Property”), a 285-unit, Class A asset located in Richardson, Texas. Built in 2008, the Property provides an opportunity for a future investor to further enhance unit interiors and common areas to capture top of the market rents. Positioned adjacent to US-75 and the Galatyn Park Dart Station, the Property provides residents access to major employment centers including the Telecom Corridor and the CityLine mixed-use development, which is home to over 90,000 employees. Galatyn Station has also achieved significant rental increases of 17.4% on new leases and 11.5% increase on renewals since July 2021.


Investment highlights

  • Value-Add Opportunity with strong lease trade-outs
  • Transit-oriented development with excellent accessibility
  • Strong employment base within the telecom corridor
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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