Westmount Realty Capital, a leading commercial real estate investment company announced the acquisition of a three-story townhome-style community, Premier at Prestonwood. The property is located at 14827 Preston Road in far North Dallas just off the intersection of Belt Line and Preston Road.
Built in 1995 and totaling 213,640 square feet, Premier at Prestonwood includes 208 units with an average size of 1,027 square feet. It features a mix of one- and two-bedroom floorplans, all of which include granite countertops, vaulted ceilings, crown molding and full-size washer-dryer connections. Each apartment also comes with either a one or two car attached direct-access garage. Resident amenities include a fitness center and community clubhouse complete with a pool/spa. Westmount plans to upgrade select units including technology packages.
In addition, Westmount will complete a full interior upgrade on a portion of the project to include quartz kitchen and bathroom countertops, new shower tile and backsplash as well as new lighting and fixtures. Planned amenity upgrades include the addition of a dog park, package lockers and new fitness center equipment. Also included in the renovation scope are new roofs, signage and landscape upgrades.
North Dallas provides quick accessibility to Collin County and is a short commute to Richardson and Addison. The area is within commuting distance of many major employment nodes in Dallas with convenient access to the strong commercial base of employers along Dallas North Tollway and LBJ Freeway. It is also approximately 20 minutes from Dallas Fort Worth International and Dallas Love Field airports, the city of Frisco and downtown Dallas.
