Property
Highlights

Investment
Highlights

• Limited New Supply Tailwind

  With no new properties under construction within 3 miles, The Chalet is positioned to benefit from constrained supply, supporting rent growth and limiting competitive pressure from newer assets.

• Top-Performing Irving/Las Colinas Submarket

  Irving/Las Colinas continues to outperform the broader DFW Metroplex, with vacancy at just 8.6% versus nearly 13% (CoStar). The Chalet’s 93% leased rate further reinforces the strength of the submarket and the property’s competitive position within it.

• Compelling Value-Add Upside

  The Chalet offers clear value-add potential through unit renovations, installing in-unit washer/dryers where hookups already exist, and implementing revenue-enhancing services like bulk cable/internet and valet trash, all while capturing upside on below-market rents.

• Diverse Floor Plans & Amenity Appeal

  The asset offers a balanced mix of one- and two-bedroom floor plans with a strong amenity package, including a clubhouse, fitness center, pool, business center, on-site laundry, spacious yards, and washer/dryer hookups, while select third-floor A4 units feature 10-foot ceilings that create a differentiated, more premium living experience.

• Upside Through Management Efficiencies

  As an out-of-state owner-operated asset, this opportunity offers meaningful upside for a new owner to drive performance through more professional property management and a more hands-on asset management approach.

• Surrounded by Major Economic Drivers

  The Chalet is positioned near Irving/Las Colinas’ top retail, dining, and entertainment destinations, including Toyota Music Factory, Water Street District, golf courses, trails, and parks. It benefits from nearby economic anchors such as DFW Airport’s $12 billion expansion, Wells Fargo’s new campus HQ, and Mercury One’s 172,000 SF lease, underscoring continued employment growth in the area.