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Bay Island at Harbor Point Apartments 6109 Bay Island Dr 120 Unit Apartment Building For Sale Garland, TX 75043
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity - $200+ Average Rent Deltas with Garland/Rowlett Submarket
- Strong Amenity Package - Sparkling Pool, Sundeck, BBQ Grills, Dog Park, and Business Center
- Offers Access to Scenic Lake Views and Direct Access to Jogging Trails, Fishing Spots, and Beach Swimming
- Minutes from the 116-acre Sapphire Bay Mixed-Use Development - $1 billion mixed-use project featuring retail, hospitality, entertainment, residential
- Excellent Commuter Location - Surrounded by Major Employers in Manufacturing, Healthcare, and Education
- Located in a High-Growth Submarket with Strong Multifamily Demand
EXECUTIVE SUMMARY
*REACH OUT TO BROKER FOR MORE INFORMATION*
Colliers is pleased to present Bay Island Apartments in Garland, Texas, located 16 miles east of downtown Dallas. The subject property's 120 garden-style units feature studio, one-, two-, and three-bedroom layouts ranging from 564 to 1,184 SF in size. Select units are recently renovated, with the balance of units offering upside potential through a structured infusion of capital.
Located just off I-30 near Lake Ray Hubbard, the property provides direct access to major employment centers across Garland, Mesquite, Rockwall, and Dallas. Garland continues to see strong population growth, supported by major nearby employers including Kraft Heinz, Sherwin-Williams, General Dynamics, and Baylor Scott & White Medical Center – Lake Pointe. In addition, the nearby Sapphire Bay development—a $1 billion mixed-use project featuring retail, hospitality, entertainment, and residential—will further enhance the area’s long-term growth and desirability.
With strong multifamily demand, an irreplaceable location, and clear value-add potential through renovations and improved operations, Bay Island represents an exceptional repositioning opportunity in a growing DFW submarket.
Colliers is pleased to present Bay Island Apartments in Garland, Texas, located 16 miles east of downtown Dallas. The subject property's 120 garden-style units feature studio, one-, two-, and three-bedroom layouts ranging from 564 to 1,184 SF in size. Select units are recently renovated, with the balance of units offering upside potential through a structured infusion of capital.
Located just off I-30 near Lake Ray Hubbard, the property provides direct access to major employment centers across Garland, Mesquite, Rockwall, and Dallas. Garland continues to see strong population growth, supported by major nearby employers including Kraft Heinz, Sherwin-Williams, General Dynamics, and Baylor Scott & White Medical Center – Lake Pointe. In addition, the nearby Sapphire Bay development—a $1 billion mixed-use project featuring retail, hospitality, entertainment, and residential—will further enhance the area’s long-term growth and desirability.
With strong multifamily demand, an irreplaceable location, and clear value-add potential through renovations and improved operations, Bay Island represents an exceptional repositioning opportunity in a growing DFW submarket.
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Views
- Walk-In Closets
SITE AMENITIES
- Business Center
- Courtyard
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Grill
- Laundry Service
- Pet Play Area
- Walking/Biking Trails
- Lake Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | 546 |
| 1+1 | 32 | - | 660 |
| 1+1.5 | 21 | - | 910 |
| 2+1 | 8 | - | 870 |
| 2+1.5 | 21 | - | 1,004 |
| 2+2 | 22 | - | 922 - 1,084 |
| 3+2 | 8 | - | 1,184 |
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PROPERTY TAXES
| Parcel Number | 26032500030010000 | Improvements Assessment | $16,199,962 CAD |
| Land Assessment | $2,502,039 CAD | Total Assessment | $18,702,001 CAD |
PROPERTY TAXES
Parcel Number
26032500030010000
Land Assessment
$2,502,039 CAD
Improvements Assessment
$16,199,962 CAD
Total Assessment
$18,702,001 CAD
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Bay Island at Harbor Point Apartments | 6109 Bay Island Dr
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