Success Story: The Texan Apartments
Property Size: 94 units, 1962, Irving, TX
The Texan is a 94 unit building in Irving, Texas in a working class neighborhood. The Texan has outperformed all forecasts over the past 18 months, and has achieved superior returns for its owner. Wehner Multifamily participated in the rehab and turnaround of this property, and provided much of the construction oversight. Currently The Texan has a 95% occupancy rate, with rents having been increased ~15% over the past 12 months.