SADDLE CREEK APARTMENTS

LOCATION: Carrollton, Texas
TYPE: Residential Acquisition
SIZE: 238 Units
PARTNER: MC Companies

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Saddle Creek Apartments is a 238 unit apartment complex located in Carrollton, Texas. This property consists of 19 two-story buildings spread out over 15 acres, and has premium amenities such as a fitness center, sand volleyball court, playground, club room and two swimming pools.

In addition, it is located near Beltline Road and I-635, has access to the Dallas Area Rapid Transit (DART), and is near the Dallas Fort Worth Airport – the third busiest airport in the world.

Carrollton is a sub-market of the Dallas Fort Worth Metropolitan area, otherwise known as the DFW Metroplex. The fundamentals in Dallas are very strong. Dallas is currently the fourth largest city in the United States, home to over 6.5 million people and projected to grow to 7.2 million by 2015. It is the location of 2,500 global companies and 24 Fortune 500 companies. Dallas is also projected to add 600,000 jobs in the next seven years.

Saddle Creek Apartments was purchased with MC companies for the outstanding price of approximately $48,000 per unit. MC Companies believes that the price is significantly below the replacement cost of the property. Already in very good condition, cash flow distributions to investors are expected from the low purchase price and the increase of cash flow through diligent management.

Our strategic partner in this investment is MC Companies. Founded by Ken McElroy and Ross McCallister since 1985, MC Companies has developed and acquired over $350 million in multifamily properties, totalling over 4,000 units. The company has two offices and over 160 employees. Ken and Ross have over 50 years of combined multi-family real estate experience, are real estate advisors to Robert Kiyosaki and the Rich Dad organization, and have written best selling real estate guides. They are thought to be among the best property managers in the United States. For more information on MC Companies, please visit www.mccompanies.com.

3420 Country Square Drive | Carrollton, TX 75006

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