Multifamily Housing
7203 S Great Trinity Forest Way Dallas, TX 75217
Details & Description
Call for Pricing
    Ridge at Trinity Apartments is a 232-unit, class C, Affordable Low Income Tax Credit (“LIHTC”) multifamily asset located at 7203 Loop12 in Dallas, Texas. Built in 1970 and renovated between 2015-2019, the property is only nine miles from Downtown Dallas and provideseasy access to highway US-175, parks, retailers, and restaurants. The property has 19 buildings spread out on 17.46 acres. The buildings are built with stucco and brick exteriors, concrete slabfoundations, iron perimeter fencing, asphalt parking lot, mature tall trees and shrubs. Common area amenities include but not limited to24/7 on-site laundry facility and maintenance, on-site leasing office, and open lawn areas with two playgrounds. With an ideal unit mix of 90 percent two and three bedrooms perfectly suitable for familie, the three various one to three bedroomfloorplans range in size from 676 square feet to 1,117 square feet, averaging at 914 square feet. Unit amenities include but not limited togarbage disposals, private balconies and patios in select units, frost free refrigerators, ceiling fans, tile floors in select units, andhigh-speed internet access. Ridge at Trinity Apartments is subject to Section 42 Low Income Housing Tax Credit (“LIHTC”) program which requires reserving 143units for residents with incomes at 50 and 60 percent of Area Median Income (AMI). The property is presently in its extended useperiod set to expire December 31, 2038. Ridge at Trinity Apartments offers an affordable rent per bond regulatory agreement via Low Income Housing Tax Credit originallyawarded in 2006 at four percent. A new investor can potentially qualify for a new Four Percent Tax Credit according to representativesat the Texas Department of Housing & Community Affairs (TDHCA).
    Additional Photos
    Listing Agents
    Mark Allen CCIM

    O: 469-806-0639
    M: 817-723-4274
    mallen@onyxlg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    7203 S Great Trinity Forest Way

    Dallas, TX 75217

    Listing ID: 178448
    • 7203 S Great Trinity Forest Way Dallas, TX 75217 | for Sale | Photo 1
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    Building Size: 180,830 SF
    Lot Size: --
    Land Size: --
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    Ridge at Trinity Apartments is a 232-unit, class C, Affordable Low Income Tax Credit (“LIHTC”) multifamily asset located at 7203 Loop12 in Dallas, Texas. Built in 1970 and renovated between 2015-2019, the property is only nine miles from Downtown Dallas and provideseasy access to highway US-175, parks, retailers, and restaurants.


     

    The property has 19 buildings spread out on 17.46 acres. The buildings are built with stucco and brick exteriors, concrete slabfoundations, iron perimeter fencing, asphalt parking lot, mature tall trees and shrubs. Common area amenities include but not limited to24/7 on-site laundry facility and maintenance, on-site leasing office, and open lawn areas with two playgrounds.


     

    With an ideal unit mix of 90 percent two and three bedrooms perfectly suitable for familie, the three various one to three bedroomfloorplans range in size from 676 square feet to 1,117 square feet, averaging at 914 square feet. Unit amenities include but not limited togarbage disposals, private balconies and patios in select units, frost free refrigerators, ceiling fans, tile floors in select units, andhigh-speed internet access.


     

    Ridge at Trinity Apartments is subject to Section 42 Low Income Housing Tax Credit (“LIHTC”) program which requires reserving 143units for residents with incomes at 50 and 60 percent of Area Median Income (AMI). The property is presently in its extended useperiod set to expire December 31, 2038.


     

    Ridge at Trinity Apartments offers an affordable rent per bond regulatory agreement via Low Income Housing Tax Credit originallyawarded in 2006 at four percent. A new investor can potentially qualify for a new Four Percent Tax Credit according to representativesat the Texas Department of Housing & Community Affairs (TDHCA).

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Dallas History of Multifamily Housing for Sale

    Dallas Area Market Trends

    Listing Demographics for 7203 S Great Trinity Forest Way Dallas, TX 75217

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,24071,851197,637
    Population Median Age303232
    Population by Age0-9 Yrs2683 (23%)13490 (18%)36522 (18%)
    10-19 Yrs1837 (16%)12717 (17%)35133 (17%)
    20-29 Yrs1559 (13%)10755 (14%)28591 (14%)
    30-39 Yrs1358 (12%)8983 (12%)26206 (13%)
    40-49 Yrs1353 (12%)10009 (13%)24801 (12%)
    50-59 Yrs1042 (9%)7263 (10%)21712 (10%)
    60-69 Yrs841 (7%)4997 (6%)14803 (7%)
    70+ Yrs567 (5%)3637 (5%)9870 (4%)
    Median HH Income$26,700$37,402$35,575
    Total Household Income< 24K1458 (46%)6359 (32%)19918 (34%)
    25-49K787 (25%)6091 (31%)18042 (31%)
    50-74K480 (15%)3605 (18%)10134 (17%)
    75-99K273 (8%)2191 (11%)5196 (9%)
    100-199K107 (3%)1186 (6%)3747 (6%)
    200K+7 (0%)92 (0%)324 (0%)
    Highest Education LevelNo Diploma23961776644845
    Diploma or GED23001295535326
    Some College878607719997
    Assoc. Degree9812854111
    Bachelors Degree24311514890
    Higher Degree654481860
    Total Housing Units3,65321,26564,005
    --Owner-Occupied1,14011,98631,272
    --Renter-Occupied1,9727,53626,089
    Owner-Occupied Values< 100K856877721303
    100-199K25326628361
    200-299K193981041
    300-399K038128
    400-499K0018
    500K+12112421
    Total Working Age Population7,46250,403138,636
    In Work Force3,56628,64779,442
    Not In Work Force3,89521,75659,194
    Workforce Employed3,40827,47174,940
    Workforce Unemployed1591,1764,469
    Civlian Workforce3,56628,64779,409
    Military Workforce0033
    Total Households3,11219,52357,361
    Family Households2,38715,54843,046
    Non-Family Households7253,97414,315
    Married Couple8749,30923,792
    Other Family1,5136,23919,254
    Married w/Child4245,16512,628
    Single Male w/Child1445051,833
    Single Female w/Child7252,4788,073

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Dallas County2,218,899+72,368,139+152,734,111+143,106,298

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the building size of this Multifamily property in Dallas, TX?
    The size of the building/unit at 7203 S Great Trinity Forest Way in Dallas is 180,830 square feet
    What is the population within 1 mile of 7203 S Great Trinity Forest Way in Dallas?
    The population within 1 mile of 7203 S Great Trinity Forest Way Dallas, TX 75217 is 11,240 people.
    Who do I contact for questions about 7203 S Great Trinity Forest Way?
    You should contact the listing agent, Mark Allen CCIM, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Dallas Love Field (DAL) 13
    Dallas Fort Worth International Airport (DFW) 24
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 136
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