817-932-6100
9010 Markville Dr, Dallas, TX for Sale
Apartments - FOR SALE
1/7
null | Request Cap Rate

9010 Markville Dr
Dallas, TX 75243
Lake Highlands


HIGHLIGHTS

  • Over 80% leverage assuming attractive loan assumption opportunity via Freddie Mac financing with over six years remaining.
  • Infinity on the Mark offers 373 units and was constructed in 1986 in a sought-after, heavily-trafficked location in Dallas, Texas.
  • Marcus & Millichap is pleased to present this exceptional value-add potential with 77% of the property remaining to be renovated.
  • 100% of the units have full-sized washers and dryers.
  • Over 80% of the property's HVAC has been replaced in the last four years.

OVERVIEW

Marcus & Millichap is pleased to announce the exclusive listing of Infinity on the Mark in Dallas, TX. This 373-unit complex, built in 1986, offers exceptional value-add potential with 77% of the units unrenovated. Infinity on the Mark is ideally located in a heavily trafficked area of Dallas, TX, near major employment hubs like Texas Instruments. It is within the Richardson ISD, next to Richland College, and walkable to the LBJ/Central DART station. It is offered with an attractive loan assumption opportunity via Freddie Mac financing with over six years remaining, floating rate SOFR + 214bps capped at 6%, interest only until 10/7/2027. Inquire today for more information.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

373

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Infinity on the Mark

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1986

PARKING SPACES

484

LAND DETAILS

LAND ACRES

10.61 AC

LAND SF

462,259 SF

ZONING

MF-2(A)

APN/PARCEL ID

0084090B000020000,0084090C000010000

ASK ABOUT THIS PROPERTY

Mark McCoyMarcus & MillichapMore Info
817-932-6100

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Mark McCoyMarcus & MillichapMore Info
817-932-6100

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