DALLAS, TX – Noel Management Company announced the acquisition of 4343 at The Parkway, a 240-unit, garden-style apartment community in Dallas, Texas. The property, completed in 1998, is comprised of 11 residential buildings built on a 10.5 acre site.
4343 at The Parkway offers ten distinct floor plans with an impressive selection of one and two-bedroom apartments. Residents can currently enjoy a generous suite of amenities including an oversized garden tub, a patio or balcony with storage, and elegant crown molding. Certain homes also include a den/study, sunroom, and vaulted or tray ceilings. Every apartment is designed to allow one’s personal style to shine through with fashionable touches and customizable options that set the gold standard for contemporary apartment living.
The gated community also boasts a resort-style swimming pool with poolside Wi-Fi, an expansive grilling area, and a covered pergola. Residents can take advantage of the Internet café, a great spot for socializing or wrapping up some work over the weekend, as well as an arbor area where renters can experience the winning combination of flat screen TVs, fireplaces, and fresh air. From the top-notch work-out equipment in a 24-hour fitness center to the convenience of a door-to-door valet trash service, 4343 at The Parkway takes special care of all of resident needs with sophisticated luxury and modern style that go hand-in-hand!
The community will undergo an extensive $1.3 million upgrade to the exterior building as well as to its individual apartment units. Planned upgrades include granite counter tops, new appliance packages, LED lighting, a “Green Package” for water conservation, and “Tech Package” that includes USB ports and Nest Thermostats to allow residents better control of their utility consumption. The community will incorporate a larger Dog Park, a Dog Grooming Center, and additional backyard spaces for those that long to relish in the beauty of the outdoors.
"We are excited to expand our footprint with the acquisition of 4343 at the Parkway. This highly attractive area in a prime market provides our residents with unparalleled accessibility to major employers, retailers, nationally ranked schools, key regional suburbs, and Downtown Dallas. We are very enthusiastic about the planned improvements to the community and projected return on our investment,” stated Lenny Licht, CEO of Noel Management.
Located in the nationally acclaimed West Plano School District, the community is bordered by major Texan suburban cities such as Richardson, Plano, and Carrollton. The neighborhood of Far North Dallas provides its residents with a comfortable, suburban way of life with close proximity to all the attractions and amenities of downtown. With a prime location and a comprehensive amenities list that will be expanded through a community-wide upgrade, 4343 at The Parkway has undoubtedly become a rising star on the Dallas multifamily real estate horizon.