- For Sale Contact for pricing
- Property Type Other
- Property Size 71 SF
- Lot Size 6,353.57 SF
- Year Built 1974
- Date Updated Jun 7, 2026
Description
Villa Encanto presents investors with the chance to acquire a 71-unit, recently upgraded multifamily asset in Dallas’s high-demand Northwest submarket—an area that has seen market rents climb roughly 43% over the past five years due to strong demand and limited new supply. Since 2020, more than $660,000 in capital improvements have been invested into the property, including interior renovations, AC replacements, exterior enhancements, and gated access. The diverse unit mix, ranging from studios to three-bedrooms—many with private patios and fireplaces—caters to a wide renter demographic and supports consistently high retention.
Strategically located with access to over 300,000 jobs within a 10-minute drive, Villa Encanto benefits from the Northwest submarket’s infill characteristics, which limit new construction and protect against oversupply risk. Historical Class C occupancy has held above 90% even in slower markets, and Villa Encanto’s current occupancy sits at 95.1%. With stable in-place income, multiple value-add opportunities, and a proven history of rent growth, the asset is positioned to generate strong near-term cash flow while offering substantial long-term appreciation potential in one of Dallas’s most resilient rental markets.
Available
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