Carriage Homes On The Lake
July 5, 2012Play investment video
Class A Multifamily (Development)
Carriage Homes On The Lake is a full Class A construction project, a 147 unit, townhome, garden style development with a patented architectural design in Garland, Texas. Because of the difficulty in procuring mortgages due to economic conditions, DMI recognized the chance to capitalize on this opportunity as a strong candidate for success.
The floor plans consisted of one-bedroom and two-bedroom multi-level townhome units with attached garages. Several buildings feature lakefront proximity, making the property particularly attractive to potential tenants.