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Cantera

Carrollton, Texas

Acquired in November 2018, Cantera is a 172-unit community located in Carrollton, Texas.

Business Plan and Execution

Cantera is a 172-unit apartment complex located in the heart of Carrollton, TX. The property is centrally located near RL Turner High School, Central Elementary, and Dallas College Brookhaven Campus, with easy access to major highways, shopping centers, and restaurants. Built in 1969 Cantera features a favorable mix of one- and two-bedroom apartments with an average unit size of 876 square feet. Amenities include a pool, laundry facilities, and covered parking.

Before
AFTER
Before
AFTER
Before
AFTER

Key Metrics

Capitalization

Average Sqft/Unit

876

Total Equity

Starting Rent

Renovation Budget

$754,400

Ending Rent

Year Built

1969

Rent Increase

Total Units

172

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