The Cedars

This is a 288-unit apartment community located just south of downtown Dallas, TX and adjacent to the vibrant Deep Ellum quarter. Average occupancy on this property through 2023 is 97.9% and rent growth has been consistently higher than the national average.

• Sale Type: 1031/721

• Property Type: Multifamily

• Building Class: A

• Lot Size: 12.32 acres

• Year Built: 2015

• Minimum Investment: $250,000

• Total Upfront Cost: 3.40%

• Redemption Fees: $0

• Annual Management Expense: 0.42%

The property is less than a decade old and features studio, one, two and three bedroom apartments. Each unit has an oversized balcony, hardwood floors, and granite countertops. The community offers spacious living with a host of modern amenities including a swimming pool, fitness center, playground and resident events.

The Dallas-Fort Worth (DFW) metroplex saw significant population growth in 2023, adding 152,598 residents to reach a total population of over 8.1 million. This was the largest numeric increase of any U.S. metro area between 2022 and 2023. Texas offers a very business friendly environment, which we believe bodes well for future growth.

As with all investing, investing in private placements is speculative in nature and involves a degree of risk, including loss of your principal. Distributions, appreciation and liquidity are not guaranteed. Past performance is not necessarily indicative of future results and forward-looking statements and projections are not guaranteed to achieve the results described and your actual returns may vary significantly. Investments in private placements are illiquid in nature and there may be no secondary market or ability to sell the investment should the need for liquidity arise. You must be an accredited investor to participate.

Explore our latest 1031 DST / 721 exchange opportunity