972-379-9862
2850 Clydedale Dr, Dallas, TX for Sale
Apartments - FOR SALE
1/33
null | Request Cap Rate

2850 Clydedale Dr
Dallas, TX 75220
Northwest Dallas


HIGHLIGHTS

  • 6.3% Year-Over-Year Rent Growth in the NW Dallas Submarket (Yardi)
  • 97% Occupied
  • Up to 1,200+ Square Foot Floorplans
  • $75,000+ Median Household Income - 5-Mile Radius (CoStar)
  • 45,000 Vehicles Passing Per Day on Loop-12 (CoStar)
  • Dallas Named Country’s No. 1 Commercial Real Estate Market for 2025

OVERVIEW

Summary: The Multifamily Group is pleased to present the exclusive offering of Villa Encanto, a distinctive, investment opportunity in Dallas, Texas. Constructed in 1974, the property consists of 71 units averaging 625 square feet. The property has floorplans ranging from studios to three-bedrooms, the largest spanning 1,200 square feet. Villa Encanto has a current occupancy rate of 97%, surpassing the submarket average of 94%. The Northwest Dallas submarket has experienced strong rent growth, with effective rents increasing 6.3% year-over-year (Yardi). Villa Encanto is being offered free and clear of existing debt. Location: Villa Encanto is situated in Northwest Dallas, just north of Dallas Love Field Airport, in a thriving area with strong economic growth and major employers, including the Tesla Center. The property offers exceptional connectivity, located only a quarter mile from Loop-12, with easy access to Interstate-35 and the Dallas North Tollway. Residents enjoy a quick 10-minute commute to Downtown Dallas. The surrounding area boasts a median household income of over $75,000 within a five-mile radius (CoStar) and benefits from the business activity generated by Dallas Love Field. Within three miles, tenants have access to popular retailers and dining options such as Chick-fil-A, Starbucks, Sam’s Club, LOOK Dine-In Cinema, Trader Joe’s, and Pappasito’s. The nearby Maple Avenue, Oak Lawn, and Design District offer a vibrant mix of restaurants and nightlife, appealing to a diverse demographic. Additionally, Dallas was named the country’s number-one commercial real estate market for 2025.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

71

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Encanto Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,259 SF

ZONING

Z133

APN/PARCEL ID

00000433726000000

ASK ABOUT THIS PROPERTY

Chase DavisThe Multifamily GroupMore Info
972-379-9862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Chase DavisThe Multifamily GroupMore Info
972-379-9862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.