Wheatland Garden

Dallas, TX

Deal Room

Overview

Summary

Price Market
Address 911 W Wheatland Road, Dallas, TX 75232
Total Units 76
Rentable SF 65,900 SF
Year Built 1967

Wheatland Garden Apartments is a 76-unit multifamily community located in the Oak Cliff neighborhood of Dallas in Dallas County, TX. The property was built in 1967 and is comprised of 11, two-story buildings of wood frame construction with brick siding and a combination of wood panel and stone façades. Wheatland Garden offers spacious one- and two-bedroom floor plans featuring semi equipped kitchens, air conditioning, and vinyl plank flooring. Controlled gated parking and laundry facilities are on-site. The buildings are situated on a total area of 5.77 acres, and residents enjoy convenient access to Interstates 20 and 35.

Key Facts

Situated in Dallas’s fast-growing Oak Cliff submarket, which has rapidly become a sought-after renter destination

The immediate area is experiencing a strong influx of capital for both new and proposed development projects

Proximate to major retail centers and centrally located between four major highways (I-20, I-35E, 67, & Loop 12)

Opportunity to boost occupancy and revenue with professional, hands-on management (owned and self-managed from California since 2018)

76 total units, with 75 currently leasable, a new investor can convert the remaining 2-bed unit into a leasing office or additional rental unit (used currently as a maintenance/storage closet).

Spacious one- and two-bedroom units offer substantial rental upside with minimal upgrades.

Offered free and clear of existing debt