2631 Webb Chapel Blvd | Dallas, TX 75220
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- LoopNet Team
2631 Webb Chapel Blvd
Dallas, TX 75220
Westwood Apartments · Multifamily Property For Sale · 107 Units
Investment Highlights
- Strong Day 1 Cash Flow
- 98% Occupancy
- $71,956 Median Household Income – 59% of Dallas Is Renting
- $2.3MM+ in Improvement Upside
- 74% Are 2–3 Bedroom Units
- 14.4% YoY Effective Rent Growth in the Submarket – Yardi
PROPERTY FACTS
| No. Units | 107 | Lot Size | 3.84 AC |
| Property Type | Multifamily | Building Size | 91,920 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1964 |
| No. Units | 107 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.84 AC |
| Building Size | 91,920 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1964 |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Ceiling Fans
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Carpet
- Deck
- Dining Room
- Patio
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
- Playground
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 525 |
| 1+1 | 23 | - | 704 |
| 2+1 | 40 | - | 854 |
| 2+2.5 | 33 | - | 1,088 |
| 2+2 | 3 | - | 1,188 |
| 3+2 | 4 | - | 1,188 |
PROPERTY TAXES
| Parcel Number | 00000434026000000 | Improvements Assessment | $5,913,890 |
| Land Assessment | $1,086,110 | Total Assessment | $7,000,000 |
PROPERTY TAXES
Parcel Number
00000434026000000
Land Assessment
$1,086,110
Improvements Assessment
$5,913,890
Total Assessment
$7,000,000
zoning
| Zoning Code | Z164 |
| Z164 |
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