INVESTMENT HIGHLIGHTS
• 1970 Year Built, 102-Unit Value-Added Opportunity
• Historical High Occupancy
• Recent Interior Improvements and Upgrades
• 47 Percent Two-Bedroom Units Featuring Townhomes
• Potential to Implement RUBS by Reactivating Submeters
• Walking Distance to George W. Truett Elementary and Bishop Lynch High School
• Easy Access to Dart Bus Stops, Loop 12, Interstate 30, US Highway 75 (Central Expressway), and Interstate 635
INVESTMENT OVERVIEW
Villa Fuquez Apartments is a 102-unit, Class C, multifamily asset located at 2815 Peavy Road in Dallas, Texas, built in 1970. The property is well within walking distance of George W. Truett Elementary, Bishop Lynch High School, Ferguson Road Park, and proximity to retailers with easy access to Interstate 30, and Lyndon B. Johnson Freeway.
The property has a total of five buildings with stucco exteriors and slab foundations situated on 4.02 acres, with iron perimeter fencing, an asphalt parking lot, and mature trees and shrubs. Common area amenities include 24/7 onsite maintenance, an open lawn area, and a laundry facility.
Villas Fuquez offers a new investor the opportunity to acquire 102 units in one of the nation’s fastest -growing markets and enjoy yields from day-one of ownership. The property is also available free and clear of existing debt. Investors seeking an asset with an opportunity to further increase returns, as well as great economies of scale, should strongly consider the Villas Fuquez Apartments.
Villa Fuquez Apartments - 2815 Peavy Road, Dallas, Texas 75228
