Listed by Colliers - Dallas, Texas
Unpriced
Springhill Apartments
Details
APN 82009
Property Type Multifamily
Square Footage 14,720
Units 2
Year Built 1982
Stories 1
Acreage 0.760
About This Property
Investment highlights
- Irreplaceable UNT-Adjacent Location: Two blocks from campus with walkable access to dining, retail, and everyday conveniences.
- Long-Term Ownership with Operational Upside: Responsibly maintained over an 18-year hold but never in the hands of an active professional operator.
- Well-Maintained Asset ($257K+ in Recent CapEx): Recent capital improvements across core building systems with minimal deferred maintenance.
- Proven Rent Upside ($190+/Unit): Opportunity to renovate 17 classic units and 1 partially renovated unit to drive further rent premiums.
- Optimized Unit Mix for the Submarket: 16 two-bedroom and 4 one-bedroom units purpose-built for roommate pairs and young professionals.
Listing Contacts
Listed by Colliers - Dallas, Texas
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Zoning
MN MixedMixed UseMixed Use Neighborhood
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