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Avalon

Arlington, Texas

Acquired in August 2016 and sold in March 2019, Avalon is a 75-unit community located in Arlington, Texas.

Business Plan and Execution

Avalon is a 75-unit apartment complex located in the heart of Arlington, TX. The property is centrally located, directly across the street from Webb Elementary School, and less than 5 miles from AT&T Stadium and Globe Life Field. Built in 1968, Avalon features one- and two-bedroom apartments with an average unit size of 742 square feet. Amenities include a playground, courtyard, and laundry facility.

Before
AFTER
Before
AFTER
Before
AFTER

Key Metrics

Capitalization

Average Sqft/Unit

742

Total Equity

Starting Rent

Renovation Budget

Ending Rent

Year Built

1968

Rent Increase

Total Units

75

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