Multifamily Apartment
6415 Melody Ln Dallas, TX 75231
6415 Melody Ln, Dallas, TX, 75231
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For Sale
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Pending
207-unit apartment community with a 1-, 2-, and 3-bedroom mix and on-site amenities including pool and fitness center.
Days on Market102
Property Features for 6415 Melody Ln
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Northmarq Capital, LLC
Listed by
James Roberts · License #SC
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 5:16AM Checked: Jul 21 at 5:16AM
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 Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
East Town is a 207-unit multifamily apartment community with an average unit size of 859 square feet. The property offers one-, two-, and three-bedroom options across nine unique floorplans. Resident amenities include a swimming pool, children’s playground, fitness center, resident clubhouse, and multiple on-site laundry facilities.
The property is described as an infill asset located one mile east of the Northwest Highway and US-75 intersection, which is cited as 250,000 vehicles per day. The remarks also state the Northeast Dallas submarket has averaged 4.5% annual rent growth over the last five years and maintained occupancy above 94% during that period.
East Town is offered free and clear of existing debt, allowing unrestricted debt financing per the provided remarks.
The property is described as an infill asset located one mile east of the Northwest Highway and US-75 intersection, which is cited as 250,000 vehicles per day. The remarks also state the Northeast Dallas submarket has averaged 4.5% annual rent growth over the last five years and maintained occupancy above 94% during that period.
East Town is offered free and clear of existing debt, allowing unrestricted debt financing per the provided remarks.
Key Highlights
- 207‑unit apartment community with 1-, 2- and 3‑bedroom options across 9 unique floorplans
- Average unit size is 859 SF
- Northeast Dallas submarket has averaged 4.5% annual rent growth over the last 5 years, with average occupancy above 94%
Property Analytics
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FAQs
What type of property is this?
Apartment building - 207-unit apartment community with a 1-, 2-, and 3-bedroom mix and on-site amenities including pool and fitness center.
Where is this apartment building located?
The property is located at 6415 Melody Ln Dallas, TX.
What are key features of this property?
This property features: 207‑unit apartment community with 1-, 2- and 3‑bedroom options across 9 unique floorplans; Average unit size is 859 SF; Northeast Dallas submarket has averaged 4.5% annual rent growth over the last 5 years, with average occupancy above 94%
