817-932-6100
9765 Webb Chapel Rd, Dallas, TX for Sale
Apartments - FOR SALE
1/5
null | Request Cap Rate

9765 Webb Chapel Rd
Dallas, TX 75220
Northwest Dallas


HIGHLIGHTS

  • Over a Decade Under Current Ownership
  • Significant Mechanical Upgrade
  • $100-$275 Premiums on Interior Upgrades
  • $186K+ Annual Savings through Water Efficiency
  • Shift Electricity Costs to Residents in Line with Submarket
  • Extremely Attractive Basis Given Proximity to Love Field

OVERVIEW

Marcus & Millichap is pleased to present the exclusive listing of Chapel Brook, a 204-unit multifamily community built in 1969 and located in Dallas, TX. This offering provides investors with multiple avenues for value creation, including $100–$275 monthly rent premiums through unit renovations, remediation of water leaks to reduce operating costs, and boiler replacement for long-term efficiency. Additional upside includes implementing water conservation measures, reactivating the laundry facility to generate ~$49,000 annually, shifting electricity costs directly to residents, and creating reserved parking revenue. Chapel Brook also has significant branding potential, as the property currently lacks online presence—providing new ownership with an opportunity to capture untapped renter demand. Flexible financing is available through an assumable 3.25% loan with 8 years remaining or new debt with 70%+ leverage and interest-only terms.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

204

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chapel Brook

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

293

LAND DETAILS

LAND ACRES

5.86 AC

LAND SF

255,262 SF

ZONING

MF-2 (A)

APN/PARCEL ID

00000595717000000

ASK ABOUT THIS PROPERTY

Mark McCoyMarcus & MillichapMore Info
817-932-6100

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

Mark McCoyMarcus & MillichapMore Info
817-932-6100

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