This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.
Browse More Listings in Multifamily For Sale, Dallas, TX or Texas
Wyndham on the Creek
9633 Ferris Branch, Dallas, TX 75243
151 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 110,449 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Commission Split:
- Cap Rate:
- Gross Rent Multiplier:
- No. Stories:
- Year Built:
- Lot Size:
- 5.18 AC
- Listing ID
- Last Updated
- over 1 year ago
- 151 Unit garden apartment complex
- Individual heat and a/c, tenant pays electric, water billed back Rubs system
- Individual hot water heaters per unit
- Pitched Composition Roofs replaced in 2006
- Swimming pool, clubhouse, controlled access gates
- 9' vaulted celings, condo finishes, washer dryers, microwaves, wbfp,
Wyndham on the Creek is a garden style apartment building originally built as
Condominiums in 1985 and a full apartment complex consisting of 151 units.
The property consist of 7 floor plans of 1 and 2 bedroom units ranging from 655 SF to 1100 SF for the large 2 bedroom units. With 9 foot ceilings, wood cabinetry, large patios, washer dryer connections, microwaves, fireplaces and
vaulted ceiling (top floor) these units certainly stand out in the area.
Each unit as its own hot water heater, a/c and heat. Tenant pays its own electric and water is billed back "Rubs" system.
The property sits on over 5 acres with controlled access gates. Exterior the property is brick/wood with pitched comp roofs.
A separate leasing office/clubhouse is adjacent to the swimming pool. Parking is asphalt and approximately 228 spaces.
The owner has just installed new water saving toilets, shower heads and faucet aerators in every unit that should produce a $20k-$25k savings per year.
Located just off 635 (LBJ) and Skillman in north east Dallas. The Skillman area has seen numerous units torn down for new retail, dart transit which should increase future apartment demand. The DFW area is expected to be 95% occupied in the 4th Qtr of 2011 based on studies performed.
Map of 9633 Ferris Branch, Dallas, TX 75243 (Dallas County)
Research for 9633 Ferris Branch, Dallas, TX 75243 (Dallas County)
- Demographics – Population, income & other demographics near 9633 Ferris Branch
- Research Price – Recent sales of similar properties
- Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P