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Villa Gardens

Farmers Branch, Texas

Acquired in June 2018 and sold in February 2023, Villa Gardens is a 142-unit community located in Farmers Branch, Texas.

Business Plan and Execution

Villa Gardens is a 142-unit apartment complex located in the heart of Farmers Branch, 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, Villa Gardens features a favorable mix of one-, two- and three-bedroom apartments with an average unit size of 780 square feet. Amenities include a pool, picnic area with barbecue, play area, laundry facilities, and business center.

Before
AFTER
Before
AFTER
Before
AFTER

Key Metrics

Capitalization

Average Sqft/Unit

780

Total Equity

Starting Rent

Renovation Budget

Ending Rent

Year Built

1969

Rent Increase

Total Units

142

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