Cedar Creek (Sold)
1948 Denton St, Abilene, TX 79605
About
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Constructed in 1971
124 units
1, 2 & 3 bedroom floorplans
Acquired in 2018
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Package Service
Laundry Facilities
Maintenance on-site
Property Manager on-site
24 Hour Availability
Online Services
Lounge
Fitness Center
Pool
Playground
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Vinyl Flooring
Dining Room
Family Room
Walk-In Closets
Linen Closet
Window Coverings
Large Bedrooms
Momentum Multifamily is adding to its Abilene presence with the acquisition of Cedar Creek, a Class-B apartment community in a thriving community of Abilene.
Originally constructed in 1971, Cedar Creek includes a mix of 124 one, two & three-bedroom homes within a two-story garden-style community. Cedar Creek’s home interiors feature black appliances, freshly painter two-tone color scheme, luxury vinyl flooring, and modern lighting packages. Momentum will implement a home interior upgrade program that will further enhance the units as well as enhancing the amenities and clubhouse at the property.
Overview
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Location
Situated at 1948 Denton St, about 5 miles southwest of Downtown Abilene. Residents have walkable access to great parks with retail, dining and entertainment options close by.
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Market
The Abilene market is a great secondary multifamily market in the state of Texas, and well-maintained Class B properties such as this one tend to fare well in the event of an economic downturn.
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Strategy
We will be implementing our Value-Add strategy on this asset. It will consist of renovating the clubhouse, enhancing the amenities offered and unit upgrades.
Our commitment
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At Momentum, we've set a new standard for apartment living with homes that deliver a great location, gorgeous design, and spectacular amenities. Our goal is to make you proud to call you place here home.
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