Townlake of Coppell

Capex value: N/A
Equity investment: £3.7m | $2.2m
Concession length: N/A
Homes: 398

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Townlake of Coppell

Delivering value-add improvements and property management for 398 units in Coppell, TX

May 2015, Balfour Beatty Communities acquired Townlake of Coppell, a 398-unit multifamily community situated on 17.5 acres in Coppell, Texas located in the Dallas/Fort Worth marketplace. Balfour Beatty Communities completed the acquisition through a joint venture with JLL Income Property Trust, a non-listed, daily valued perpetual life real estate investment trust (REIT).

Balfour Beatty Communities self-performs all property management services through its Multifamily Division. In addition, Balfour Beatty also provides construction and renovation services as part of a value-add improvement program to the property – giving residents the high-quality living environment and customer service Balfour Beatty Communities is known for.

The apartment community consists of one, two and three bedroom garden-style apartments which boast open floor plans, gourmet kitchens, washer/dryer connections, fireplaces, sunrooms and balconies/patios. Community amenities also feature two resort-style pools, a 24-hour fitness center, clubhouse and expansive playground and basketball court.

Townlake of Coppell serves as an exemplary complement to our growing multifamily portfolio.

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