Waterton Expands Its Texas Apartment Community Footprint
It’s up to 19 and growing. Waterton added the Mission Gate Apartments in Plano to its impressive portfolio of its Texas multifamily communities.
The 24-acre community at 8025 Ohio Dr. in Plano, includes 13 three-story residential buildings and a clubhouse. Built in 1999, the units will get some attention, “With a number of residences in need of updates, we believe our signature value add program will provide area residents with an attractive rental option in a submarket where many are priced out of home ownership,” said Waterton’s Jeremy Stern.
Waterton plans to update the classic and partially renovated units to a finish level similar to that of existing fully renovated units. The units will have upgraded vinyl plank flooring, new carpet and in-unit washer and dryers.
- ◦Sale/Acquisition