9764 Webb Chapel Rd Dallas, TX 75220

Listing agency Dallas Office w***@marcusmillichap.com Show Phone

Listed by Wesley Racht · License #License(s): TX: 633414, TX: 9010261 Show Phone

Source Marcusmillichap

Added: Apr 11 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 2:59AM

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Investment Insights

Based on property information with market context.

Chapel Brook is a multifamily community built in 1969, featuring 204 units and located in Dallas, TX. The property presents opportunities for value creation through unit renovations, with potential rent premiums of $100 to $275 monthly. Remediation of water leaks can reduce operating costs, and boiler replacement can improve long-term efficiency. Additional upside includes implementing water conservation measures, reactivating the laundry facility to generate approximately $49,000 annually, shifting electricity costs directly to residents, and creating reserved parking revenue. The property has branding potential, as it currently lacks an online presence, offering new ownership the opportunity to capture untapped renter demand.

Key Highlights

• Opportunity to increase rents by $100–$275 monthly through unit renovations.
• Potential to generate ~$49,000 annually by reactivating the laundry facility.
• Opportunity to reduce operating costs by remediating water leaks.

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FAQs

What type of property is this?

Apartment building - Multifamily community with value-add potential in Dallas, Texas.

Where is this apartment building located?

The property is located at 9764 Webb Chapel Rd Dallas, TX.

What are key features of this property?

This property features: Opportunity to increase rents by $100–$275 monthly through unit renovations.; Potential to generate ~$49,000 annually by reactivating the laundry facility.; Opportunity to reduce operating costs by remediating water leaks.