7610 Skillman St Dallas, TX 75231

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

Listed by Bard Hoover · License #License(s): TX: 610697 Show Phone

Source Marcusmillichap

Added: Jun 1 Updated: Jul 10 at 1:43PM Checked: Jul 21 at 3:03AM

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Investment Insights

Based on property information with market context.

This multifamily community, constructed in 1986, is located in Dallas, Texas, and comprises 64 units. The property features 9-foot ceilings and podium-style construction with covered ground-level parking. Each unit includes washer and dryer connections. The property is zoned to Richardson ISD and is located minutes from the Lake Highlands Town Center redevelopment. The location provides direct access to the High Five Interchange, connecting U.S. 75 and I-635, facilitating commuting throughout the Metroplex. Texas Instruments' global headquarters, employing over 9,000 individuals, is situated three miles to the north. Potential revenue enhancements include implementing a bulk cable and internet agreement, projected to generate over $22,000 in annual net revenue, and establishing a washer/dryer leasing program, estimated to add approximately $9,600 in additional income. Immediate insurance expense optimization is also possible.

Key Highlights

• Steady income and durable resident demand with reliable in‑place cash flow.
• Washer/dryer connections in every unit.
• Upside potential through bulk cable/internet agreement and washer/dryer leasing program.

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FAQs

What type of property is this?

Apartment building - 64-unit multifamily community built in 1986 in Dallas, Texas.

Where is this apartment building located?

The property is located at 7610 Skillman St Dallas, TX.

What are key features of this property?

This property features: Steady income and durable resident demand with reliable in‑place cash flow.; Washer/dryer connections in every unit.; Upside potential through bulk cable/internet agreement and washer/dryer leasing program.