412 SUMMIT AVE, ARLINGTON, TX 76013

The Dean at 412 Summit Avenue, Arlington, TX offers a compelling 65-unit multifamily investment in one of Arlington’s most established, renter-driven submarkets. Located immediately adjacent to the University of Texas at Arlington, the property benefits from durable demand, infill positioning, and convenient access to I-30, I-20, downtown Arlington, major employers, retail, dining, and entertainment destinations.

Situated on 1.90 acres, this two-building, garden-style community totals 54,545 rentable square feet and features a diverse mix of one-, two-, and three-bedroom floorplans averaging 839 square feet. Recent capital improvements include full roof replacement in 2021, refreshed exterior branding, and upgraded interiors with shaker cabinetry, stainless-steel appliances, quartz/granite countertops, and wood-look plank flooring.

The Dean combines strong in-place operations with clear value-add upside. Current rents remain below market, creating the opportunity to continue interior renovations and implement additional revenue strategies such as washer/dryer hookups, reserved parking, community internet, valet trash, and expanded RUBS. With a resort-style courtyard pool, turf sun lawn, outdoor grilling and fire-pit lounge, on-site laundry, and 90 parking spaces, The Dean is well positioned for continued growth in the heart of Arlington.