Forest Oaks Apartments - SOLD

Number of Units: 164
Year Built: 1982
Acquisition Date: 2013
Disposition Date: 2016

Located in Arlington submarket of the DFW Metro, Forest Oaks is a 164-unit conventional garden-style multi-family community.

With an ownership presence in the area, Sentinel Capital recognized the opportunity for economies of scale to maximize on the strong location. Forest Oaks successfully increased revenues and appreciated from the area’s diverse demand drivers and high population growth.

Sentinel Capital successfully performed on the life-cycle of the business plan and achieved returns to the partnership beyond initial underwriting.