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915 S Waterview Dr
Richardson, TX 75080
The Wexler · Multifamily Property For Sale
·
83 Units
Investment Highlights
- The Wexler is an 83-unit multifamily community offering a diversified unit mix across studio, one, two, and three-bedroom configurations avg 839 SF
- The unit renovation thesis at The Wexler is supported by an in-place track record across three distinct finish tiers — Classic, Gold, and Platinum
- Richardson’s established infrastructure, highly educated renter demographic, and proximity to major corporate campuses support durable occupancy
- Current ownership has invested approximately $1.7 million in exterior capital improvements since acquisition
- The Wexler is centrally positioned in Richardson, Texas, with direct access to US-75 (Central Expressway) providing efficient connectivity
- The Wexler Apartments is being offered free and clear of existing debt. Prospective purchasers are encouraged to contact Greysteel Debt and Structure
Property Facts
| No. Units | 83 | Building Size | 70,485 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1961 |
| Building Class | B | Parking Ratio | 1.83/1,000 SF |
| Zoning | 231 | ||
| No. Units | 83 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 70,485 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | 231 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Refrigerator
- Oven
- Pantry
Site Amenities
- Courtyard
- Laundry Facilities
- Playground
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 400 - 590 |
| 1+1 | 15 | - | 600 |
| 2+1 | 25 | - | 850 |
| 2+1.5 | 8 | - | 1,150 |
| 2+2 | 15 | - | 876 - 880 |
| 3+2 | 8 | - | 1,380 |
Property Taxes
| Parcel Number | 42432150000010000 | Improvements Assessment | $8,050,230 |
| Land Assessment | $849,770 | Total Assessment | $8,900,000 |
Property Taxes
Parcel Number
42432150000010000
Land Assessment
$849,770
Improvements Assessment
$8,050,230
Total Assessment
$8,900,000
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