Argosy Real Estate Partners, in partnership with Larkspur Capital, has acquired an approximately four-acre, fully entitled site for the ground-up development of Eastlake, a 56-unit build-for-rent urban townhome community.
The site is located in the East Dallas submarket of Dallas, near multiple retail offerings and White Rock Lake.
The project will feature a mix of three-story townhomes, two-story duplexes and two-story bungalows with two- and three-bedroom units. Each home will include a washer and dryer, stone countertops, stainless-steel appliances, walk-in closets, gated backyards, and smart home technology packages. The project also will have common area amenities including a resort-style pool and barbecue area.
Argosy’s development partner, Dallas-based Larkspur Capital, is a real estate developer focused on boutique projects in Dallas’ urban core.
