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Multifamily

Chappell Oaks

200 Lake Rd, Belton, TX 76513

Listing Price: Request For Offer

Number of Units
120
Gross SF
127,748

Investment Overview

Chappell Oaks is an apartment community in Belton, Texas where comfort meets value. Built in 1998, Chappell Oaks consists of 120 units arranged in 12 two-story buildings. The community offers one-, two-, and three-bedroom units ranging from 797 square feet to 1,542 square feet. Chappell Oaks offers residents various luxurious amenities, including a swimming pool, clubhouse, and outdoor fireplace with entertainment and social areas. The well-appointed units offer nine-foot cathedral ceilings, crown molding, full-size washer/dryer connections, and garden tubs. Chappell Oaks Apartments is well-positioned within the Belton market, located off TX-317, providing residents easy access to Interstate 35 and Interstate 14 for interregional travel. The complex is closely surrounded by employment opportunities, various restaurants, and a strong retail presence, with easy access to Walmart, H-E-B, Target, Walgreens, and Home Depot. Residents also sit within minutes of Grand Avenue Theater, the University of Mary Hardin-Baylor, and Baylor Scott & White. In addition to the numerous amenities provided on-site, the tenants at Chappell Oaks can take advantage of green spaces like Quail Meadows Park, Chisolm Trail Park, and the Summer Fun Water Park. Additionally, public schools at the Elementary, Middle, and High School levels are all located within a five-minute drive of the property.

Investment Highlights

  • Offered by the Original Developer
  • Opportunity to Increase Income with Below-Market Rents
  • Expense Reduction with Normalization of Payroll and Management Fee
  • Well-Maintained Assets with Minimal Capital Improvements Needed
  • Dynamic Market along the I-35 Corridor - Between Austin and Dallas
  • Proximity to Medical Facilities, Major Retail and Restaurants
  • Quiet Suburban Neighborhood with Easy Access to City Life

Exclusively Listed By

Financing By

Multifamily

Chappell Oaks

Listing Price: Request For Offer

Number of Units
120
Gross SF
127,748

Investment Highlights

  • Offered by the Original Developer
  • Opportunity to Increase Income with Below-Market Rents
  • Expense Reduction with Normalization of Payroll and Management Fee
  • Well-Maintained Assets with Minimal Capital Improvements Needed
  • Dynamic Market along the I-35 Corridor - Between Austin and Dallas
  • Proximity to Medical Facilities, Major Retail and Restaurants
  • Quiet Suburban Neighborhood with Easy Access to City Life

Investment Overview

Chappell Oaks is an apartment community in Belton, Texas where comfort meets value. Built in 1998, Chappell Oaks consists of 120 units arranged in 12 two-story buildings. The community offers one-, two-, and three-bedroom units ranging from 797 square feet to 1,542 square feet. Chappell Oaks offers residents various luxurious amenities, including a swimming pool, clubhouse, and outdoor fireplace with entertainment and social areas. The well-appointed units offer nine-foot cathedral ceilings, crown molding, full-size washer/dryer connections, and garden tubs. Chappell Oaks Apartments is well-positioned within the Belton market, located off TX-317, providing residents easy access to Interstate 35 and Interstate 14 for interregional travel. The complex is closely surrounded by employment opportunities, various restaurants, and a strong retail presence, with easy access to Walmart, H-E-B, Target, Walgreens, and Home Depot. Residents also sit within minutes of Grand Avenue Theater, the University of Mary Hardin-Baylor, and Baylor Scott & White. In addition to the numerous amenities provided on-site, the tenants at Chappell Oaks can take advantage of green spaces like Quail Meadows Park, Chisolm Trail Park, and the Summer Fun Water Park. Additionally, public schools at the Elementary, Middle, and High School levels are all located within a five-minute drive of the property.

Exclusively Listed By

Financing By

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