204-Unit Multifamily Community in
For Sale
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9764 Webb Chapel Rd, Dallas, TX 75220
Multifamily community with value-add potential in Dallas, Texas.
Property Size147,799 SF
Days on Market194
Property Features for 9764 Webb Chapel Rd
General Information
Standard status
Active
Size
147,799 SF
Property subtype
Multifamily
Occupancy
91%
Amenities
Significant CapEx Already Carried Out with Over $4.08 Million in Improvements
Long Term Ownership – Current Owner Has Owned the Property for 10+ Years
New Income Streams – 9 Additional Ways to Improve Income
Attractive Financing Options Available – Assumable 3.25% Loan, Over 4.5 Years Remaining
Building Details
Building Size
147,799 SF
Units
204
Listing Agency:
Dallas Office
Listed By:
Wesley Racht · License #License(s): TX: 633414, TX: 9010261
(972) 755-5168
Source:
Marcusmillichap
Added: Apr 11
Changed: Oct 10
Last Checked: Oct 20 at 5:16PM
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
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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.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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.
