The Preserve at Arbor Hills has a total of 310,072 square feet of rentable area which is comprised of 330 residential units, ranging in size from 692 to 1,415 square feet, in four two-storey and 17 three-storey stucco buildings. Built in 1998, the Preserve at Arbor Hills is located in Plano, a northern suburb of Dallas, and includes a resort-style swimming pool, heated spa, business centre, clubroom, 24-hour fitness centre and picnic areas with outdoor kitchens. The Preserve at Arbor Hills overlooks the Arbor Hills Nature Preserve, a 200 acre park featuring vast areas of natural beauty for walking, jogging, hiking, and other outdoor activities.
- Purchase Price (US): $41,000,000
- Mortgage (US): $24,600,000
- Interest Rate (fixed): 3.26%
- Debt Maturity: 2021
- Rentable Area (sq ft): 310,072
- Site Area (acres): 15.3
- Number of Units: 330