Number of Units: 65
Year Built: 2004
Acquisition Date: January 2022
Acquired off-market through Sentinel’s personal relationships, Lost Creek Apartments is a 65-unit, first generation value-add asset located in the high-growth DFW area of Arlington, Texas. The asset location is highly desirable with near immediate access to a multitude of major employers (DFW airport, Caterpillar HQ, GM assembly plant, Lockheed Martin Control, and AT&T Stadium), higher education institutions (UT Arlington, Texas Woman’s University), and entertainment (Texas Live!, Los Colinas Urban Center, Rangers Baseball & Cowboy Stadium).
Sentinel Capital is executing a value-add strategy on both the interior and exterior of the property. Exterior upgrades include a complete re-paint, new LED lighting package, amenity enhancements, and landscaping. Interior upgrades include the installation of granite countertops, modern fixtures throughout, stainless steel appliances, and new flooring.