2930 Storey Lane

• The Opportunity
• The offering presents buyers with an opportunity to purchase a newly renovated, cash flowing asset in one of the nation’s most desired rental markets. With renovations nearly complete, new ownership can focus on maintaining occupancy and raising rents to ensure continued growth of cash flow for years to come.
• The Property
• Legends on Storey Lane is a 1984 vintage product that has been fully renovated, inside and out, completed in 2023. All unit interiors except for one have been renovated with vinyl flooring, new ceiling fans, central A/C, black appliances, updated lighting fixtures, refinished and repainted cabinets, and black formica counters. In the bathrooms, renovations include new shower tile, updated lighting fixtures, premium hardware finishes, and updated vanity. The exterior of the Property has been updated with a new gate, new fencing, a new sign, a new painted mural on the first floor, and lava rock hard scape.
• The Location
• Legends on Story Lane is located in Dallas, TX less than a mile from Bachman Lake with easy access to Northwest Highway, Dallas North Tollway, and I-35, making this an ideal property for tenants commuting anywhere across the metroplex. The property is also conveniently located next to many large employers of the area including Dallas Love Field Airport (2.4 mi), The University of Dallas (3.8 mi), and the Dallas Medical District (3.4 mi).
• The Debt
• The Property is being offered free-and-clear of existing debt. Please contact the Greysteel Debt and Structured Finance team to discuss the most efficient financing execution.

Property Description