The Jaxon

The Jaxon is a 240-unit community located in the highly sought after North Arlington submarket. The community sits on over 9 acres and features direct access to Highway 360, less than 1.5 miles north of the I-30 and Hwy 360 interchange.

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Property Overview:

Property Type: Multi-Family
Year Built: 1984
Community Amenities:
• Clubhouse
• Cyber Café
• Business Center
• Fitness Center
• Swimming Pool
• Covered Parking Spaces
Total Land Size: 9.6 Acres (12 Buildings)
Total Units: 240

Investment Highlights:

Targeted IRR: 19% – 21%
Target Equity Multiple: 1.7x – 2.1x