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5.6 Carrollton acres purchased for senior living community5.6 Carrollton acres purchased for senior living communityhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=117322016-01-12T06:00:00Z2016-01-12T18:00:00Z

​​CARROLLTON – NOVUS Realty Advisors represented American Bank of Texas in the sale of about 5.6 acres for the development of a new "urban-styled" senior living residential community. 

The property, located at the northwest corner of E Hebron Pkwy. and Marsh Lane, was purchased by Overlook at Prestonwood LP.

The Overlook at Prestonwood project is a proposed 181-unit, four-story luxury multifamily residence with an additional five single-story cottages planned for independent seniors.

The unit mix consists of one-, two- and three-bedroom apartments and five one-bedroom cottages totaling 158,482 sf. The development will have elevators, an enclosed courtyard, swimming pool, an outdoor grilling area, fitness center and a community room. 

Construction is slated to begin early this summer 2016.

The architect is Cross Architects.

NOVUS Realty Advisors
Dallas-Fort Worth-Arlington
Senior Living
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