2807 Bachman Dr, Dallas, TX for Sale
Apartments - FOR SALE
1/5
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2807 Bachman Dr
Dallas, TX 75220
Love Field


HIGHLIGHTS

  • 76% occupancy versus approximately 92% at nearby competing properties creates significant leasing upside
  • $496K invested in capital improvements with 15 remaining classic units offering $100-$125 monthly rent premium potential
  • Minutes from the Dallas Medical District, Love Field, Southwest Airlines Headquarters, and Downtown Dallas employment centers

OVERVIEW

Marcus & Millichap is pleased to present the exclusive listing of Bachman Place, a 30-unit apartment community located in Dallas, Texas. The property presents a compelling value-add opportunity through occupancy growth, operational improvements, and completion of the remaining interior renovation program. Currently approximately 76 percent occupied, Bachman Place trails the roughly 92 percent occupancy achieved by nearby competing communities, creating meaningful upside through improved leasing and management. Ownership has invested approximately $496,000 in capital improvements, including extensive interior renovations, electrical breaker box replacements, exterior paint, and parking lot improvements, substantially reducing near-term capital needs. New ownership can continue upgrading the remaining 15 classic units, with projected rent premiums of $100 to $125 per month, while further increasing NOI through expense optimization. Ideally positioned near the Dallas Medical District, Dallas Love Field, Southwest Airlines Headquarters, and downtown Dallas, Bachman Place benefits from exceptional employment drivers and regional connectivity throughout the Metroplex.

FOR SALE DETAILS

PRICE

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# OF UNITS

30

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bachman Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,433 SF

ZONING

CR

APN/PARCEL ID

00000433894500000

ASK ABOUT THIS PROPERTY

Mark McCoyMarcus & MillichapMore Info

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Mark McCoyMarcus & MillichapMore Info

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