Asking Price Contact for pricing
Area Size
NOI Net Operating Income
NIY 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.

Attributes

Year Built 2020
Building Area Net
Number of units 299
Occupancy 98.0 %
Call for Offers

Asset 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 Gray Branch (the “Property”), a luxurious Class A asset located in McKinney, TX. Situated in one of the fastest growing and most desirable submarkets, the 300-unit Property was built in 2020 and is strategically located just south of SH-380 and less than four miles west of US-75, which provides an exceptional flow of traffic to the asset. This premier site offers residents immediate access to an abundance of neighboring retail and employment centers including Baylor Scott & White Medical Center McKinney, Raytheon, and Legacy West.

Investment Highlights

  • Trophy asset with market-leading amenities
  • Light value-add opportunity on new construction
  • Tremendous lease trade outs with ability to increase rents
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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