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5669 ALTAMESA BLVD | FORT WORTH, TX 76123
2022
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230
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Berkadia is pleased to present Avilla Trails, a luxurious Build-for-Rent (BTR) community comprised of 230 units located in the city of Fort Worth, Texas. Completed in 2023, Avilla Trails offers a variety of one, two, and three-bedroom floor plans, this property is designed to provide the utmost comfort and style for its residents. Each home at Avilla Trails is thoughtfully crafted with high-end finishes and modern amenities. From stainless steel appliances to private patios and backyards, every detail has been carefully considered to create a truly upscale living experience. Additionally, in-unit washers and dryers provide added convenience and ease.
Situated near major transportation routes, including I-20 and Chisholm Trail Parkway, Avilla Trails offers easy access for commuting and exploring the vibrant city of Fort Worth. Plus, with its close proximity to The Shops at Chisholm Trail Ranch, and Hulen Mall, residents can enjoy a wide range of shopping, dining, and entertainment options just moments away. Avilla Trails is proximate to many large employers including Texas Christian University, Lockheed Martin, Fort Worth’s Medical District, First Command Financial Services and other Fortune 500 firms offering easy commutes for residents.
When you're not out enjoying the surrounding area, Avilla Trails provides an array of exceptional community amenities. Take a refreshing dip in the resort-style swimming pool, enjoy two grilling stations, and an abundant amount of green space. Experience the epitome of luxury living at Avilla Trails, where every detail has been carefully curated to provide a truly exceptional rental experience.
THE OPPORTUNITY
Brand-New High-Quality Fort Worth Suburb Class A Build-to-Rent Community
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2023 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.
Paul Harris
Senior Managing Director
972.764.8490
Paul.harris@berkadia.com
Investment Sales
5960 Berkshire Lane,
Suite 1000
Dallas, TX 75225
214.346.0200
DALLAS
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Avilla Trails is a brand-new luxury, low density Build-for-Rent community surrounded by job growth. With a total of 230 units, Avilla Trails offers one-, two- and three-bedroom custom designed floor plans with upscale finishes. Quartz counters, hardwood-style flooring, smart home tech package, and state of the art stainless steel appliances compliment the community amenities including a resort-style pool and pet park. Avilla Trails luxury offering fits perfectly with the demographic trends of South Fort Worth towards highly skilled, high-paid employees.
1
First Class Amenities
The pet-friendly community offers the perks of neighborhood living with optional garages/carports, resort-style pool & spa, dog park, outdoor green spaces with grilling stations, lounge seating and entertainment area, and fire pits.
2
Magnificent Maneuverability with access to high-wage employment and entertainment
Located just off Chisholm Trail Parkway, Avilla Trails residents can enjoy quick access to significant employment centers, like Downtown Fort Worth (15 min), Arlington (30 min) and the greater DFW area. Within 20 minutes of Avilla Trails, tenants will be in proximity to major employers such as Alcon Laboratories, Baylor Scott & White, Miller Coors, Texas Health Resources, Fort Worth ISD, TCU, and the University of Texas at Arlington.
3
Affluent Fort Worth Location off of Chisholm Trail Parkway Surrounded by Exceptional Lifestyle Amenities
Located minutes away near shopping, dining and recreation, Avilla Trails offer high-end living just outside the city. Avilla Trails location benefits from being in the direct path of growth up and down the Chisholm Trail toward Fort Worth. Nearby shopping, dining and recreation include the Chisholm Trail Ranch Shops which spans across 35-acres, Downtown Fort Worth (10 mi), Fort Worth Stockyards (12 mi), West 7th St (9 mi), and the Arlington entertainment district (28 mi). The most notable nearby shopping and entertainment is the newly developed and growing Shops at Chisholm Trail Ranch & Hulen Mall.
The Shops at Chisholm Trail Ranch (3 mi.)
• 210,000 SF power retail center
• 20+ shopping and dining options
• Major Tenants include Old Navy, AMC Theaters, Ross, Ulta, MOD Pizza, Chipotle, Dutch Bros. Coffee, and Chik fil A
The Hulen Mall (3 mi.)
• Anchored by two major department stores and contains 118 specialty shops and stores.
• Major Tenants include Dillards, Macy’s, H&M, Lens Crafters, GameStop, Zales, BJs Restaurant & Brewery, Chickfila, Abuelo’s, Great American Cookie and Sbarro.
4
Rent Vs. Own Provides Headroom
Impressive job growth, headquarter relocations and immigration trends continue to apply pressure to the Greater Dallas/Fort Worth housing market with residential demand far outpacing supply. The median home price in Fort Worth was $335,000, providing an attractive rent vs own ratio as high home value and increasing rates have made mortgage payments in the area increasingly cost prohibitive.
5
Burgeoning South Fort Worth Growth Corridor with Robust Population Growth
Tremendous educational institutions, skilled employment, family-oriented residential communities, headquarter relocations and extensive lifestyle amenities all contribute to Fort Worth’s booming growth. Avilla Trails benefits from being included in the Crowley ISD school district, a highly sought after Fort Worth school district. The opening of the Chisholm Trail Parkway, coupled with US Highway 377 opened south Fort Worth suburbs corridor to downtown Fort Worth and the rest of the metroplex. This region is continuing to see billions of dollars of development activity including mixed use, retail, office and residential properties. Over the next 5 years population is expected to increase by 8% with household formation growing by 10%.
6
2525 E. Camelback Road,
Suite 1150
Phoenix, AZ 85016
602.955.1122
PHOENIX
1331 17th Street, 10th Floor
Denver, CO 80202
303.689.8312
DENVER
Greg Smith
Senior Managing Director
817.313.7081
Greg.smith@berkadia.com
Mark Forrester
Senior Managing Director
302.526.4800
Mark.forrester@berkadia.com
Andrew Curtis
Director
602.571.4190
Andrew.curtis@berkadia.com
Caleb Jones
Senior Director
501.952.1785
Caleb.Jones@berkadia.com
Thad Wetterau
Senior Director
972.754.5420
Thad.Wetterau@berkadia.com
Eric Calub
Senior Director
972.567.3560
Eric.Calub@berkadia.com
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Brittany Bridges
Senior Financial Analyst
972 232 7203
Brittany.bridges@berkadia.com
CONTACT
Nathan Stone
Managing Director
214.360.3873
Nathan.Stone@berkadia.com
Guy Griffith
Associate Director
214.360.3864
Guy.Griffith@berkadia.com
Mortgage Banking
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