NAS Takes Helm at High-Potential Dallas-Area Multifamily Asset
National Asset Services (NAS), a proven leader in value creation across market cycles, has assumed asset and property management of The Courtyard Apartments, a 123-unit community on 5.5 acres just minutes from Richardson’s renowned Telecom Corridor—a 6.5-mile technology hub supporting 130,000 jobs and 25 million SF of office space.
“This acquisition gives accredited investors rare exposure to a value-add multifamily property positioned for outsized performance thanks to an unparalleled location,” said Karen E. Kennedy, President and Founder of NAS and NAS Investment Solutions. “Our team will elevate both resident experience and investor returns through disciplined management and targeted upgrades.”
Value-Add Strategy
NAS will implement property upgrades—including in-unit washer/dryer installations—to boost rents and strengthen long-term cash flow. Projected cash-on-cash returns start at 5.5 percent and rise to 7.8 percent by year seven.
Resident Appeal
- Amenities: swimming pool, tennis court, BBQ/picnic area, business center, on-site management, 24-hour emergency maintenance
- Interiors: high ceilings, hardwood-style flooring, large closets, private patios/balconies; select units that feature stainless appliances and granite countertops
Investor Information
Accredited investors can learn more at nasinvestmentsolutions.com or contact Karen E. Kennedy at [email protected] | 310-988-4240.
