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1450 Whaley Dr Forney, TX 75126

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For Sale
$25,000,000

120-unit Class A 55+ community in Forney, Texas.

Type:Multifamily
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 4:55 am

Property Features for 1450 Whaley Dr

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Nick Fluellen

Listing agent Nick Fluellen License #TX: 0521943, TX: 9001647

Listing office Dallas Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office


Overview

Class A Active Adult Community

The Preserve at Gateway is a 120-unit Class A active adult community designed for residents 55 and over, constructed in 2019. Located in Forney, Texas, the property is approximately 75% occupied. The community offers a robust amenity package, including a salon and spa, movie theater, putting green, bocce ball court, and activity spaces. The property is located within one of North Texas’ fastest-growing communities and offers direct connectivity to Downtown Dallas via US Highway 80 and Interstate 20. The property is situated on a 1.34-acre lot.
Location Intelligence

Current Use by Public Records

Spa & wellness properties

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Restaurant Hair Salon Dental Office Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Forney
County
Kaufman
State
Texas
Longitude
-96.451
Latitude
32.7342

FAQs

What type of property is this?
Apartment building - 120-unit Class A 55+ community in Forney, Texas.
Where is this apartment building located?
The property is located at 1450 Whaley Dr Forney, TX.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: 120‑unit Class A 55+ active adult community built in 2019.; Opportunity to acquire a high‑quality asset below replacement cost.; Strong upside through continued lease‑up and operational efficiencies.
More about this property
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