The Admiral
Property
Property Name
The Admiral
Location Euless, TX
Unit Count 360
Vintage 1983
StatusActive
Acquisition Date March 2024
Case Study
In March 2024 Sentinel Peak stepped in with a strategic equity partner and took asset, property, and construction management at The Admiral in Euless. At takeover, occupancy was mid-80s, bad debt near 15%, and exterior deferred maintenance was heavy. We cleared vendor payables and liens, reset collections, cured exteriors, and returned about 50 offline units to lease — then cut Mid-Cities operating expense. Bad debt fell and cash flow was restored.
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Sentinel Peak Capital Partners
Headquartered in Dallas, Texas