NEW Property Announcement
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NEW Property Announcement

232-Unit 4060 Preferred Place Apartments in Southern Dallas Joins City Gate Property Group Family

Dallas, Texas (11/16) - City Gate Property Group, a rapidly growing DFW-area multifamily third-party management firm, has been selected to take over management of the Brookfield Apartments in Dallas.

“We are excited to expand our presence in the southern Dallas community with this new acquisition,” said Dawn Waye, City Gate president. “This recently renovated property offers a great location near I-20 and Southwest Center Mall, which is experiencing a major transformation.”

Located at 4060 Preferred Place in Dallas, the 232-unit property was renovated in 2015 and offers an easy 15-minute commute to downtown Dallas, Bishop Arts and the Design District. Southwest Center Mall, undergoing major renovation as it returns to its original Red Bird Mall name, is a quick seven-minute drive and is becoming an area destination with the addition of new retail, green space, a hotel and office space on the 120-acre property.

For those looking for an active lifestyle, 4060 Preferred Place community is only five miles from the popular Cedar Ridge Nature Preserve which offers nine miles of walking trails, bird-watching, butterfly gardens and picnic areas. It’s eight miles from Cedar Hill State Park which is a popular mountain biking destination and a great spot for camping and hiking, as well as fishing and swimming at the 7,500-acre Joe Pool Lake. The community is also only a 12-minute drive to the Dallas Zoo.

4060 Preferred Place offers six spacious floor plan options for affordable one- and two-bedroom apartments with up to 921 square feet. Interior features include all electric kitchens, spacious walk-in closets, vaulted ceilings with ceiling fans, fireplaces, hardwood floors and washer/dryer connections. The pet-friendly community features a state-of-the-art fitness center, laundry facility, assigned parking, 24-hour courtesy patrol, onsite maintenance and a community pool.

Founded in 2014, the City Gate Property Group is a rapidly growing third-party management group for multifamily housing. City Group presently manages more than 83 properties in Texas and Oklahoma with more than 14,500 units and 350 employees.

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