Wheatland Gardens | 911 W Wheatland Rd
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Wheatland Gardens 911 W Wheatland Rd
76 Unit Apartment Building For Sale Dallas, TX 75232
Investment Highlights
- Situated in Dallas’s fast-growing Oak Cliff submarket, which has rapidly become a sought-after renter destination
- Proximate to major retail centers and centrally located between four major highways (I-20, I-35E, 67, & Loop 12)
- 76 total units, with 75 currently leasable, a new investor can convert the remaining 2-bed unit into a leasing office or additional rental unit
- The immediate area is experiencing a strong influx of capital for both new and proposed development projects
- Opportunity to boost occupancy and revenue with professional, hands-on management
- Spacious one- and two-bedroom units offer substantial rental upside with minimal upgrades.
Executive Summary
Wheatland Garden Apartments is a 76-unit multifamily community located in the Oak Cliff neighborhood of Dallas in Dallas County, TX. The property was built in 1967 and is comprised of 11, two-story buildings of wood frame construction with brick siding and a combination of wood panel and stone façades. Wheatland Garden offers spacious one- and two-bedroom floor plans featuring semi equipped kitchens, air conditioning, and vinyl plank flooring. Controlled gated parking and laundry facilities are on-site. The buildings are situated on a total area of 5.77 acres, and residents enjoy convenient access to Interstates 20 and 35.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 5.77 AC |
| No. Units | 76 | Building Size | 65,900 SF |
| Property Type | Multifamily | Average Occupancy | 84% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1967/2016 |
| Building Class | B | Parking Ratio | 1.94/1,000 SF |
| Sale Type | Investment |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 5.77 AC |
| Building Size | 65,900 SF |
| Average Occupancy | 84% |
| No. Stories | 2 |
| Year Built/Renovated | 1967/2016 |
| Parking Ratio | 1.94/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
- Refrigerator
- Oven
- Range
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Gated
- Public Transportation
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PROPERTY TAXES
| Parcel Number | 00000745567000000 | Improvements Assessment | $4,148,830 |
| Land Assessment | $251,170 | Total Assessment | $4,400,000 |
PROPERTY TAXES
Parcel Number
00000745567000000
Land Assessment
$251,170
Improvements Assessment
$4,148,830
Total Assessment
$4,400,000
zoning
| Zoning Code | Z163 (multi-family) |
| Z163 (multi-family) |
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Wheatland Gardens | 911 W Wheatland Rd
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