cottages-at-summer-creek

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5401 Barlean Ranch, Fort Worth, TX 76123

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada. © 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.

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Mackinley Robinson

Senior Director 360.704.8831 Mackliney.robinson@berkadia.com

THAD WETTERAU

Senior Director +1 (972) 754-5420 thad.wetterau@berkadia.com TX CRE #403280

GREG SMITH

Senior Managing Director +1 (817) 313-7081 greg.smith@berkadia.com TX CRE #539242

5960 Berkshire Lane, Suite 1000 Dallas, TX 75225 214.346.0200

DALLAS Office

PAUL HARRIS

Senior Managing Director +1 (214) 232-8689 paul.harris@berkadia.com TX CRE #300179

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BRAND-NEW HIGH-QUALITY FORT WORTH SUBURB CLASS A COMMUNITY

FIRST CLASS AMENITIES

MAGNIFICENT MANEUVERABILITY WITH ACCESS TO HIGHWAGE EMPLOYMENT AND ENTERTAINMENT

NEIGHBORING RETAIL AND ENTERTAINMENT

RENT VS. OWN PROVIDES HEADROOM

Cottages at Summer Creek is a brand-new luxury, low-density Build-for-Rent community surrounded by job growth. With a total of 196 units, Cottages at Summer Creek offers one-, two-, and three-bedroom custom-designed floor plans with upscale finishes. Granite counters, hardwood-style flooring, and state-of-the-art stainless-steel appliances complement the community amenities, including a resort-style pool and two pet parks. Cottages at Summer Creek's luxury offering fits perfectly with the demographic trends of South Fort Worth towards highly skilled, high-paid employees.

The pet-friendly community offers the perks of neighborhood living with optional garages/ carports, resort-style pool & spa, dog parks, pickleball, outdoor green spaces with grilling stations, lounge seating and entertainment area, and fire pits.

Located just off Chisholm Trail Parkway, Cottages at Summer Creek residents can enjoy quick access to significant employment centers, like South Fort Worth Medical District (5 min), Downtown Fort Worth (15 min), Arlington (20 min), and the greater DFW area. Within 20 minutes of Cottages at Summer Creek, tenants will be in proximity to major employers such as Alcon Laboratories, Baylor Scott & White, Miller Coors, Texas Health Resources, Fort Worth ISD, TCU, and the University of Texas at Arlington.

Located minutes away near shopping, dining, and recreation, Cottages at Summer Creek offers high-end living just outside the city. Cottages at Summer Creek's location benefits from being in the direct path of growth up and down the Chisholm Trail toward Fort Worth. Nearby shopping, dining, and recreation include the Chisholm Trail Ranch Shops, which spans across 35 acres, Downtown Fort Worth (13 mi), Fort Worth Stockyards (16 mi), West 7th St (13 mi), and the Arlington entertainment district (28 mi). The most notable nearby shopping and entertainment is the newly developed and growing Shops at Chisholm Trail Ranch, Hulen Mall, and The Shops at Clearfork

Impressive job growth, headquarter relocations and immigration trends continue to apply pressure to the Greater Dallas/Fort Worth housing market with residential demand far outpacing supply. Cottages at Summer Creek’s $1,590 in place rent compares to an average home ownership cost in the neighborhood of $3,500, providing significant headroom for raising rents.

ERIC CALUB

Senior Director +1 (972) 567-3560 eric.calub@berkadia.com TX CRE #479154

CALEB JONES

Senior Director +1 (501) 952-1785 caleb.jones@berkadia.com TX CRE #649976

Joel Kirstein

Managing Director 346.444.8975 Joel.kirstein@berkadia.com

5401 Barlean Ranch, Fort Worth, TX 76123

• Built 2023• One- Two- & Three-Bedroom Homes • Avg Unit Size: 753 SF

INVESTMENT HIGHLIGHTS

BURGEONING SOUTH FORT WORTH GROWTH CORRIDOR WITH ROBUST POPULATION GROWTH

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196 Unit Single-Family-Rental Community

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Tremendous educational institutions, skilled employment, family-oriented residential communities, headquarter relocations and extensive lifestyle amenities all contribute to Fort Worth’s booming growth. Cottages at Summer Creek benefits from being included in the Crowley ISD school district, a highly sought after Fort Worth school district. The opening of the Chisholm Trail Parkway, coupled with US Highway 377 opened south Fort Worth suburbs corridor to downtown Fort Worth and the rest of the metroplex. This region is continuing to see billions of dollars of development activity including mixed use, retail, office and residential properties. Over the next 5 years population is expected to increase by 8% with household formation growing by 10%.

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