Rise North Arlington

500 Tish Cir, Arlington, TX 76006

 

Investment Highlights

Rise North Arlington is a B+ property in a B+ location. The asset is a 270-unit multifamily community built in 1980. Located in North Arlington, TX of the Dallas MSA, Rise North Arlington is surrounded by major employment hubs.

Rise North Arlington features a well-balanced unit mix with 56% 1-bedrooms and 44% 2-Bedroom units. The property offers an average floor plan of 830 SF across all unit types. It has an extensive amenity package, which includes a leasing office, clubhouse, pool, laundry facilities, and a business center.

Dallas Market Growth

Rent growth in Dallas-Fort Worth ranks among the top markets in the western US.

Population growth in Dallas-Fort Worth was ranked the #1 metro in the US for population growth from 2021-2022 (US Census Bureau). Job growth in Dallas-Fort Worth ranked #2 for job growth in the US in 2022 (US Bureau of Labor Statistics).