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The Wexler 915 S Waterview Dr 83 Unit Apartment Building For Sale Richardson, TX 75080
Investment Highlights
- The Wexler is an 83-unit multifamily community offering a diversified unit mix across studio, one, two, and three-bedroom configurations avg 839 SF
- The unit renovation thesis at The Wexler is supported by an in-place track record across three distinct finish tiers — Classic, Gold, and Platinum
- Richardson’s established infrastructure, highly educated renter demographic, and proximity to major corporate campuses support durable occupancy
- Current ownership has invested approximately $1.7 million in exterior capital improvements since acquisition
- The Wexler is centrally positioned in Richardson, Texas, with direct access to US-75 (Central Expressway) providing efficient connectivity
- The Wexler Apartments is being offered free and clear of existing debt. Prospective purchasers are encouraged to contact Greysteel Debt and Structure
Property Facts
| Sale Type | Investment | Building Size | 70,485 SF |
| No. Units | 83 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1961 |
| Apartment Style | Garden | Parking Ratio | 1.83/1,000 SF |
| Building Class | B | ||
| Zoning | 231 | ||
| Sale Type | Investment |
| No. Units | 83 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 70,485 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | 231 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Refrigerator
- Oven
- Pantry
Site Amenities
- Courtyard
- Laundry Facilities
- Playground
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 400 - 590 |
| 1+1 | 15 | - | 600 |
| 2+1 | 25 | - | 850 |
| 2+1.5 | 8 | - | 1,150 |
| 2+2 | 15 | - | 876 - 880 |
| 3+2 | 8 | - | 1,380 |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 42432150000010000 | Improvements Assessment | $11,026,480 CAD |
| Land Assessment | $1,163,938 CAD | Total Assessment | $12,190,419 CAD |
Property Taxes
Parcel Number
42432150000010000
Land Assessment
$1,163,938 CAD
Improvements Assessment
$11,026,480 CAD
Total Assessment
$12,190,419 CAD
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The Wexler | 915 S Waterview Dr
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