Stoneleigh Valley Ranch has a total of 210 units, total rentable area of 208,136 square feet and is situated on an 11.2 acre site. It contains 13 apartment buildings and the buildings are wood frame over reinforced concrete. Buildings have pitched roofs made up of composition shingles, and painted stucco exteriors. Windows are insulated, with aluminum frames with baked-on finish. The units have nine-foot ceilings, some of which are vaulted, with ceiling fans in some units. Living rooms feature crown moldings with a painted finish and all walls feature baseboards. Designer kitchens include wall-hung cabinets, faux granite counter-tops, frost-free refrigerators with ice maker, garbage disposals, range, dishwasher and microwaves with vent hoods. All units have full-size washer and dryer connections. Select units have attached garages with direct entry.
Stoneleigh Valley Ranch, located at 8605 MacArthur Blvd., Irving Texas, was purchased for US$22,600,000.
- Purchase Price (US): $22,600,000
- Mortgage (US): $13,680,000
- Interest Rate (fixed): 3.51%
- Debt Maturity: 2022
- Rentable Area (sq ft): 208,136
- Site Area (acres): 11.2
- Number of Units: 210