3940 Spring Valley rd - Multi-Family FOR SALE


Addison, TX 75001
$9,742,133 USD
903-952-9940
3940 Spring Valley rd, Addison, TX for Sale
$9,742,133 USD
Multi-Family - FOR SALE
1/26
null | 6% Cap Rate

3940 Spring Valley rd
Addison, TX 75001


OVERVIEW

This offering presents the opportunity to acquire a newly constructed, 19-unit townhome community located in the highly sought-after Addison submarket. The Property sits directly across from Greenhill School, one of the area’s premier private schools, and benefits from a location that is both supply constrained and highly accessible to North Dallas’ primary employment and lifestyle hubs. Recently delivered, the Property was designed to compete at the top end of the market, offering a level of finish and attention to detail that stands apart from typical multifamily product. Units feature high-end interiors, including upgraded flooring, modern cabinetry, stone countertops, stainless steel appliances, and contemporary fixtures – creating a true for-rent alternative to ownership. The Property is positioned within one of North Dallas’ most active and amenity-rich pockets, with convenient access to Addison’s established dining and retail corridors, as well as key commuter routes. Additionally, Vitruvian Park – a well-known destination for outdoor space, trails, and community events – is located nearby, adding to the overall lifestyle appeal. The surrounding area continues to show strong household incomes, steady growth, and consistently high occupancy levels relative to the broader market. All correspondence should be sent to Jack.Forman@nmrk.com

FOR SALE DETAILS

PRICE

$9,742,133 USD

PRICE/SF

$295 USD /SF

# OF UNITS

19

PRICE/UNIT

$512,744

CAP RATE

6%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clifton Court

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jack FormanNewmarkMore Info
903-952-9940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jack FormanNewmarkMore Info
903-952-9940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.