Wexford Townhomes

REO Sale: A Perfect Value-Add Asset In Fast-Growing Dallas, TX

Colliers is pleased to present Wexford Townhomes, a 122-unit multifamily asset with strategic value-add upside located in Dallas, TX, one of the fastest-growing markets in the United States. Built in 1984 and featuring large townhome-style units with private garages, Wexford Townhomes has a proven track record of strong demand and stable occupancy. In excellent physical condition, new ownership can leverage outstanding population growth in Dallas, minimal new supply within a 5-mile radius of the property, and excellent submarket rent growth (3.96% annually from 2027 to 2030) to push top-line revenue while capturing additional value-add premiums.

Averaging 1,084 SF, all 122 units offer laminate countertops, hardwood-style floors, white cabinets, and black appliances. Already positioned at the top of the competitive set, Wexford Townhomes has the ability to further differentiate itself and generate significant renovation premiums. A strategic value-add program focused on stainless steel appliances, backsplash, upscale lighting, and granite countertops will make Wexford Townhomes one of the top options in South Dallas.

Positioned near the intersection of key transportation arteries I-20 and U.S. Route-67, the property is proximate to grocery stores, amenities, and major employers in suburban and downtown Dallas. Wexford Townhomes represents a perfect value-add opportunity.

89% Occupied