Wooded Creek Apartments | Class B Value-Add Opportunity with Assumable Agency Debt

Wooded Creek Apartments is a 196‑unit garden‑style multifamily community located at 825 E Pleasant Run Road in DeSoto, Texas, offering investors a compelling Class B value‑add opportunity in the South DFW Metroplex. Situated directly along Pleasant Run Road with immediate access to Interstates 35E and 20, the property benefits from exceptional regional connectivity within one of North Texas’ most established workforce submarkets. Built in 1983, Wooded Creek features a highly functional unit mix with an average unit size of 808 square feet, desirable resident amenities, and strong in‑place occupancy. Existing unit upgrades are achieving approximately $200 monthly rent premiums, with additional upside available through continued interior renovations, expanded parking solutions, and enhancement of community features. The offering is further differentiated by assumable Agency debt with high leverage available and eligibility for new Agency financing. Proximity to major logistics and distribution employers along the I‑35 corridor supports durable renter demand, positioning Wooded Creek for sustained NOI growth and long‑term cash flow stability.