Casa San Luis Multifamily
For Sale
Contact for pricing
Pending
3155 Park Lane, Dallas, TX 75220
63-unit multifamily community with rent growth potential in north Dallas.
Property Size63,705 SF
Days on Market116
Property Features for 3155 Park Lane
General Information
Standard status
Pending
Size
63,705 SF
Property subtype
Multifamily
Building Details
Year Built
1967
Listing Agency:
Colliers - Dallas, Texas
Listed By:
Todd Franks · License #TX 479935
Source:
Crexi
Added: May 15
Changed: Aug 22
Last Checked: Sep 7 at 6:44AM
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 Colliers - Dallas, Texas
Investment Insights
Based on property information with market context.
Casa San Luis is a 63-unit multifamily community located in north Dallas. The property features a family-oriented unit mix, with approximately 66% of units comprised of large two- and three-bedroom floor plans, including 14 townhome-style three-bedroom units. The property offers immediate cash flow and a value-add opportunity through lease turnover. With in-place rents below market, Casa San Luis offers rent growth upside.
Key Highlights
- Assumable Freddie Mac loan at a below‑market fixed rate provides an attractive cost‑of‑capital advantage.
- Significant rent growth upside due to below‑market in‑place rents.
- Strong occupancy indicates high demand and stable income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 75220, TX
39,627
Population
15,589
Households
2.5
Avg Household Size
32
Median Age
23%
College-Educated
61%
High-School Grad
11.3 sq mi
ZIP Area
3,507
Density / Sq Mi
$57,787
Median Household Income
$33,127
Median Earnings
$1,164
Median Rent
$449,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 63-unit multifamily community with rent growth potential in north Dallas.
Where is this apartment building located?
The property is located at 3155 Park Lane Dallas, TX.
What are key features of this property?
This property features: Assumable Freddie Mac loan at a below‑market fixed rate provides an attractive cost‑of‑capital advantage.; Significant rent growth upside due to below‑market in‑place rents.; Strong occupancy indicates high demand and stable income.
