Multifamily
Meadows on Merrill
800 N Merrill Ave, Duncanville, TX 75116
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Meadows on Merrill, a 200-unit community built in 1970 in Duncanville, Texas. Current ownership has increased occupancy from 65% to over 80%, with strong submarket performance indicating a clear path to further stabilization. New ownership can unlock additional upside by renovating the remaining unrenovated units and implementing a water conservation program projected to save $82,000 annually. Located minutes from major employers including Amazon, Triumph Aerostructures, and Methodist Charlton Medical Center—with immediate access to I-20 and Hwy 67—the property is well situated to benefit from strong workforce demand in Southwest Dallas.
Investment Highlights
- Stabilize occupancy from 80% toward 90%+ to unlock significant revenue upside
- Renovate 134 unrenovated units plus execute $82K annual water savings program
- Prime Southwest Dallas location near major logistics, medical, and manufacturing employers
Listing Price: Request For Offer
Investment Highlights
- Stabilize occupancy from 80% toward 90%+ to unlock significant revenue upside
- Renovate 134 unrenovated units plus execute $82K annual water savings program
- Prime Southwest Dallas location near major logistics, medical, and manufacturing employers
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Meadows on Merrill, a 200-unit community built in 1970 in Duncanville, Texas. Current ownership has increased occupancy from 65% to over 80%, with strong submarket performance indicating a clear path to further stabilization. New ownership can unlock additional upside by renovating the remaining unrenovated units and implementing a water conservation program projected to save $82,000 annually. Located minutes from major employers including Amazon, Triumph Aerostructures, and Methodist Charlton Medical Center—with immediate access to I-20 and Hwy 67—the property is well situated to benefit from strong workforce demand in Southwest Dallas.