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2621-2625 Webb Chapel Ext
Dallas, TX 75220
Chateau Bachman Apartments · Multifamily Property For Sale
·
53 Units
INVESTMENT HIGHLIGHTS
- The Chateau Bachman Apartments are a 53-unit apartment complex with one to five-bedroom unit mixes.
- Strong history of solid occupancy and currently presented at 94% occupancy.
- Easily accessible with direct frontage on Webb Chapel Ext in walking distance of scenic Bachman Lake.
- There is covered and uncovered parking on-site, as well as management.
EXECUTIVE SUMMARY
Partners Real Estate is pleased to present the Chateau Bachman Apartments to the market for income-generating investment acquisition. The 53-unit apartment complex totals 52,652 square feet on a landscaped 2.21-acre parcel. The unit mix consists of 16 one-bed/ one-bath units, 17 two-bed/ one-bath units, two two-bed/ two-bath units, eight three-bed/ two-bath units, six four-bed/ two-bath units, and four five-bed/ two-bath units. There is leasing on-site, as well as covered and uncovered parking. The complex is highly visible being directly off Webb Chapel Ext with prominent pylon signage.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.21 AC |
| No. Units | 53 | Building Size | 52,652 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | ||
| Zoning | MF2A - Multifamily District | ||
| Sale Type | Investment |
| No. Units | 53 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.21 AC |
| Building Size | 52,652 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1963 |
| Zoning | MF2A - Multifamily District |
AMENITIES
UNIT AMENITIES
- Disposal
- Heating
- Tub/Shower
- Instant Hot Water
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walking/Biking Trails
- Individual Locking Bedrooms
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | 589 - 590 |
| 2+1 | 17 | - | 959 - 960 |
| 2+2 | 2 | - | 959 - 960 |
| 3+2 | 8 | - | 1,259 - 1,260 |
| 4+2 | 6 | - | 1,381 - 1,382 |
| 5+2 | 4 | - | 1,649 - 1,650 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,629,707 CAD | |
| Land Assessment | $884,231 CAD | Total Assessment | $6,513,938 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$884,231 CAD
Improvements Assessment
$5,629,707 CAD
Total Assessment
$6,513,938 CAD
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