3245 Simpson Stuart Rd | Dallas, TX 75241
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- LoopNet Team
3245 Simpson Stuart Rd
Dallas, TX 75241
Homes of Persimmon Townhomes · Multifamily Property For Sale · 180 Units
Investment Highlights
- 75% of units under LIHTC LURA through 2064; 25% market rate.
- Opportunity to assume existing loan with favorable interest rate.
- All two, three and four bedroom units.
- Placed-in-service in 2000; eligible for resyndication.
- Opportunity for value-add by reducing loss-to-lease and stabilizing vacancy.
PROPERTY FACTS
| No. Units | 180 | Building Size | 218,538 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2000 |
| Building Class | B | Parking Ratio | 0.82/1,000 SF |
| Lot Size | 22.14 AC |
| No. Units | 180 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 22.14 AC |
| Building Size | 218,538 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 2000 |
| Parking Ratio | 0.82/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Security System
- Ceiling Fans
- Crown Molding
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Security System
- Gated
- Grill
- Volleyball Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 60 | - | 1,023 |
| 3+2 | 80 | - | 1,201 - 1,259 |
| 4+2 | 40 | - | 1,390 |
PROPERTY TAXES
| Parcel Number | 00687100040010000 | Improvements Assessment | $11,453,700 |
| Land Assessment | $1,446,300 | Total Assessment | $12,900,000 |
PROPERTY TAXES
Parcel Number
00687100040010000
Land Assessment
$1,446,300
Improvements Assessment
$11,453,700
Total Assessment
$12,900,000
zoning
| Zoning Code | MF-2(A) |
| MF-2(A) |
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