Red Bud Dr & Urban Ave, Dallas, TX, 75227

Dallas-Fort Worth TX metro ranked #9 Best-Performing City in the USA (Milken Institute) Opportunity to further increase returns by pushing rents an additional 7% to full market rates High inward migration and shortage of affordable homes has created high demand for rentals Quality finishes create durability and decrease potential turn costs at tenant turnover Newly purpose-built for rent in 2016, located within a community of owner-occupants as well Selected highest performing 10 homes of a larger package being offered by the seller Floorplans range from 1,995 SF to 2,147 SF 100% occupied with background-checked residents Homes historically have quickly attracted multiple applications when becoming available LOCATION OVERVIEW: Dallas is part of the Dallas-Fort Worth metro area and is the third-largest city in the state of Texas. According to the United States Census Bureau, as of 2017, the Dallas metropolitan area is the fourth largest in the country with 7.3 million residents. Most of the Dallas area population tends to be young professionals, however, young families create a close-knit community in the surrounding suburbs. Furthermore, in the Dallas-Fort Worth metro, there are a lot of residents who work in office and administrative support (12.33%), sales jobs (11.15%), and management occupations (9.30%). There are more people living in the Dallas area who work with computers and math than 95% of the rest of the United States. The city of Dallas is considered a “beta plus” global city by the Globalization and World Cities Study Group & Network. The economy is diverse with major sectors including financial services, information technology, telecommunications, and transportation. Dallas developed as a strong industrial and financial center with a major inland port due to the convergence of major railroad lines, interstate highways and the development of one of the largest and busiest airports in the world, the Dallas/Fort Worth International Airport. The top five publicly traded companies include AT&T, Energy Transfer Equity, Tenet, Healthcare, Southwest Airlines, and Texas Instruments, according to Dallas Morning News. The metropolitan economy is the fourth largest and third-fastest growing in the United States, with a 2017 real GDP of $535.5 billion. Major employers in the Dallas-Fort Worth area include Dallas-Fort Worth International Airport, Bank of America Corp, Texas Health Resources Inc., Dallas ISD, Baylor Health Care System, AT&T, Lockheed Martin Aeronautics Co., JP Morgan Chase & Co, UT-Southwestern Medical Center, and NAS Fort Worth JRB. For more information visit www.SFRhub.com and search for portfolio 100537! Welcome to the community of Parkway Village, a subdivision containing both retail homes, along with these purpose-built for rent homes. Constructed in 2016, these single-family detached homes are the highest performing 10 homes of a larger package being offered by the seller. Quality finishes throughout, these investment homes are durable and attractive to future tenants, and will make for lower turn costs at tenant turnover. Being recently built homes and contained in close proximity, this portfolio is naturally efficient to manage, further decreasing property management and maintenance expenses. Floorplans range from 1,995 SF to 2,147 SF spread across 2 stories, and all contain 4 bedrooms and 2.5 baths. Private backyards surrounded by a wood fence creates the perfect play space for children or dogs. All homes are equipped with attached 2 car garages, these homes are ideal for families. Fully occupied with background-checked residents, these homes have shown to be in high demand, attracting multiple applications when becoming available. Currently achieving high market rents, the portfolio can be pushed an additional 7% to full market rates, further increasing their returns. Dallas-Fort Worth TX metro area, which was recently ranked the #9 Best-Performing City in the USA, according to Milken Institute. This ranking is based on job growth, income growth, and GDP growth. Demand for homes in these areas are high and continuing to increase as DFW sets job-growth highs, according to RentRange’s recent metro report. The high inward migration and shortage of affordable homes have continued to push home prices out-of-reach for many consumers and created a high demand for single-family rentals. Don’t miss this rare opportunity to acquire these high-demand and top performing rental homes ideally positioned next door to each other in the ever-expanding city of Dallas, Texas!