Indio Management, a Dallas leader in property management solutions, has accepted a new management assignment for a three-property deal with ZMR Capital, an investment firm focused on targeting strategic, value-add acquisition opportunities in primary, secondary and emerging markets across the US.
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The three properties associated in the assignment are The Parks at Walnut, Ninety-Nine44 Walnut, and Las Lomas span across Northeast Dallas and East Arlington, with a total unit count of 840.
Both The Parks at Walnut and Ninety-Nine44 Walnut feed into Richardson ISD, a highly sought-after school district in the area, allowing these assets to hold and increase value in the coming years.
Las Lomas is located in Arlington, one of DFW’s top sub-markets for rent, population, and employment growth.
On the topic of this new partnership with ZMR Capital, Seth Bame, Founder and President of Indio Management, stated in a press release, “It’s easy to be confident in a partnership when their investment strategy is so thorough. We have a detailed plan for how we’ll add value and stability to these properties.”
Indio plans to deploy dynamic solutions to optimize the community experience by building out resident-specific programs and putting employees in positions to make positive impacts on prospects and residents.
Indio Management is a leading provider of professional property management services throughout Texas since 2011. Indio is inspired and driven to offer quality apartments, superior customer service, and memorable living experiences.