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Investment Highlights
Yorktown Luxury Apartments Highlights
226-unit luxury community developed by Wood Partners in 2016.
Features include Smart Rent automated home packages, granite countertops, stainless-steel appliances, and 9’ ceilings.
Surface and breezeway-access garage parking.
Institutionally owned and maintained, no Value-Add upgrades since development.
Location and Market Potential:
Situated in an urban setting with lower-density garden apartments.
Proximity to Downtown Dallas and Uptown/Turtle Creek office markets.
Near Methodist Dallas Medical Center and Dallas Medical District.
Substantial discount to replacement cost due to current land and construction costs.
Upgrade potential as nearby markets mature.
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
Eric Calub
Senior Director 972.567.3560 eric.calub@berkadia.com
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INVESTMENT ADVISORS
Caleb Jones
Senior Director 201.952.1785 caleb.jones@berkadia.com
Thad Wetterau
Senior Director 972.754.5420 thad.wetterau@berkadia.com
Paul Harris
Senior Managing Director 972.764.8490 paul.harris@berkadia.com
Greg Smith
Senior Managing Director 817.313.7081 greg.smith@berkadia.com
Jay Gunn
Managing Director 214.679.7100
jay.gunn@berkadia.com
Tom Burns
Managing Director 469.369.9400 tom.burns@berkadia.com
Mortgage Banking
Nathan Stone
Managing Director 214.394.3444 nathan.stone@berkadia.com
Jason Rice
Managing Director 214.360.3811 jason.rice@berkadia.com
Brad Mason
Director 214.360.3813 brad.mason@berkadia.com
Chris Pollard
Managing Director 214.360.3839 chris.pollard@berkadia.com
Eli Gershenson
Managing Director 214.360.3814 eli.gershenson@berkadia.com
John Koeijmans
Senior Managing Director
214.455.6483 john.koeijmans@berkadia.com
Office:
DALLAS
5960 Berkshire Lane, Suite 1000
Dallas, TX 75225
214.346.0200
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226
UNITS
660 Yorktown St, Dallas, TX 75208
245
Parking SPaces
226
UNITS
2016
Built
825 sf
avg unit size
Community Amenities
Spacious Leasing Office
24-Hour State of the Art Fitness Center featuring Techno Gym & iPod Stations
Resident Lounge/Clubroom with Billiards Table
Resort-Style Pool
Resident Outdoor Lounge Areas
Covered Parking
Courtyard
Flex Spaces - with Full Wi-Fi Access/Charger Stations
Outdoor Grills
On-Site Storage Spaces
245
Parking SPaces
226
UNITS
2015-2016
Built
APARTMENT DEMAND GENERATORS:
Downtown Dallas: Daytime population of 135,000 jobs; nearby major developments like AT&T Discovery District.
Uptown/Turtle Creek: Home to high-profile employers; significant office developments including Goldman Sachs and Bank of America.
Medical District: Home to Methodist Dallas Medical Center and ongoing expansions including a $3 Billion development in new hospitals.
LIFESTYLE AND AMENITIES:
Walkable to Sylvan Thirty, a mixed-use development with retail and dining options.
Located near Trinity Groves and Bishop Arts neighborhoods in North Oak Cliff.
Close to Trinity Shores and Bishop Arts District, offering dining, retail, art, and entertainment.
ACCESSIBILITY AND VISIBILITY:
Prominent visibility off Interstate 30 with a daily traffic count of over 160,000 cars.
Excellent accessibility via Sylvan Avenue exit; connects to major local thoroughfares.
Yorktown is offered "Free and Clear"