Cedar Creek Apartments - SOLD
cedar creek apartments - SOLD
Number of Units: 196
Year Built: 1980
Acquisition Date: 2013
Disposition Date: 2019
Located in Arlington submarket of the DFW Metro, Cedar Creek is a 196-unit conventional garden-style multi-family community.
Sentinel Capital recognized the strong location of the asset nearby globally recognized employers and demand drivers. Cedar Creek had inherent value in its location strengthening the cash flows of the property and ultimate value of the asset.
Sentinel Capital successfully performed on the life-cycle of the business plan and achieved returns to the partnership beyond initial underwriting.