Multifamily
Infinity on Yorktown
660 Yorktown St, Dallas, TX 75208
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Infinity on Yorktown, a 226-unit apartment community located in Dallas, Texas. Built in 2015, the property offers a compelling lease-up opportunity with occupancy currently below stabilized levels, providing a clear path to meaningful NOI growth through improved leasing performance and operational efficiencies. Significant ancillary revenue upside exists through implementation of a bulk cable and internet program, lease-up of existing storage units and rentable garages, and the addition of new resident amenities. Further value can be created through strategic light-value-add interior enhancements and immediate expense optimization opportunities. Infinity on Yorktown is also being offered with attractive financing options, including assumption of the existing Fannie Mae loan with remaining interest-only term or new bridge financing, creating flexibility for investors to maximize early cash flow while executing the business plan.
Infinity on Yorktown
Investment Highlights
- Compelling lease-up opportunity with occupancy currently at approximately 84% and meaningful NOI growth potential
- Bulk cable & internet implementation plus storage and garage lease-up could generate more than $145K in annual ancillary revenue
- Assumable Fannie Mae financing with remaining interest-only term or new bridge financing available
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Compelling lease-up opportunity with occupancy currently at approximately 84% and meaningful NOI growth potential
- Bulk cable & internet implementation plus storage and garage lease-up could generate more than $145K in annual ancillary revenue
- Assumable Fannie Mae financing with remaining interest-only term or new bridge financing available
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Infinity on Yorktown, a 226-unit apartment community located in Dallas, Texas. Built in 2015, the property offers a compelling lease-up opportunity with occupancy currently below stabilized levels, providing a clear path to meaningful NOI growth through improved leasing performance and operational efficiencies. Significant ancillary revenue upside exists through implementation of a bulk cable and internet program, lease-up of existing storage units and rentable garages, and the addition of new resident amenities. Further value can be created through strategic light-value-add interior enhancements and immediate expense optimization opportunities. Infinity on Yorktown is also being offered with attractive financing options, including assumption of the existing Fannie Mae loan with remaining interest-only term or new bridge financing, creating flexibility for investors to maximize early cash flow while executing the business plan.
Exclusively Listed By
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