The Ace · Dallas, Texas

Our Portfolio

The Ace

Dallas, Texas

The Ace · Dallas, Texas
Location
Dallas
Asset class
Multifamily
Apartments
178
Purchase date
July 18, 2022

Dallas, Texas

Discover The Ace.

The Ace occupies 4.163 acres near US Highway 75 and Walnut Hill Lane in Dallas. Built in 1972, the property comprises 178 apartments, including single, one- and two-bedroom units. It was previously known as Meadows Crossing.

The original acquisition description identifies a value-add opportunity following ownership dating back to the mid-1990s. It also records prior investment in exterior siding and paint, a chiller system and roofs. These statements describe the acquisition-era property rather than current operating conditions.

Amenities at The Ace

Inside the apartments

Before & After

Explore the transformation. Drag the handle to compare the original spaces with the renovated result.

Entrance transformation

Before renovation: Entrance transformationAfter renovation: Entrance transformationBeforeAfter

Courtyard transformation

Before renovation: Courtyard transformationAfter renovation: Courtyard transformationBeforeAfter

Apartment interiors

Before renovation: Apartment interiorsAfter renovation: Apartment interiorsBeforeAfter

The Neighborhood

Connected to Dallas.

The Ace sits in the Midtown Park redevelopment area at Meadow Road and Manderville Lane, east of US Highway 75 and north of Texas Health Presbyterian Hospital.

The original profile describes a neighborhood redevelopment effort that began in 2004 across nine blocks. It states that more than 2,500 older apartments were removed as part of the wider redevelopment.

The source identifies an 83-acre Midtown Park area and names Wood Partners, Hanover Cos., Embrey Partners, Hines, Fairfield Residential and the Kroenke Group among developers that subsequently added new apartments and homes. These are historical neighborhood facts and do not describe projects owned by Upside.

Find The Ace

8175 Meadow Rd, Dallas, TX 75231
View on Google Maps

Property details

Apartments178
Site area4.163 acres
Year built1972
Former nameMeadows Crossing
Purchase dateJuly 18, 2022
Revenue at purchase$140,000
Revenue in place (published)$229,000

Figures from Upside’s published property profile. Historical revenue figures; reporting period and measurement date unspecified. View the original profile ↗

Resident perspective

“Ever since the redesign of The Ace, I’ve been so proud to call myself a resident!”

Trisha, The Ace tenant

Review published on the original property profile.

Upside Capital Holdings

Discover more about The Ace.

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Contact our team +1 (972) 556-5030