EXPEDITION INVESTS IN 75 WEST VALUE-ADD MULTIFAMILY ACQUISITION IN DALLAS, TEXAS
April 30, 2017 | DALLAS, TX - Hat Creek Partners acquired 75 West (Bell Park Central at time of purchase) in Dallas, Texas from Bell Partners.
75 West is a 490-unit apartment community located at the intersection of Forest Lane and US-75 (North Central Expressway) in the Park Central neighborhood . Sitting just north of NorthPark Center and south of the High Five (US-75 & I-635 Interchange), 75 West is at the center of the action in Dallas, Texas. Additionally, 75 West is adjacent to the Medical City Dallas hospital employing over 2,000 people and centered among 5 million square feet of commercial office and medical space and 17,000 jobs within a 2-mile radius. 75 West is a mixed-use asset featuring efficiency, townhome and midrise apartments adjacent to a ground-floor retail component. The property’s timeless architecture provides Hat Creek Partners the opportunity to easily update the property while ensuring it continues to have a broad appeal to a variety of clients. Hat Creek Partners has a tested and proven value-add program that they will implement at 75 West to increase the value and appeal of the property.