Multifamily Housing
3410 Fordham Rd Dallas, TX 75216
Details & Description
Call for Pricing
    Allen Multifamily Team at Colliers International is pleased to present Bonita Gardens Apartments is a 138-unit multifamily, garden style, class C asset located in Dallas, TX. The property offers easy access to Interstate-45, Loop-12, the Dallas VA Medical Center, and is a mere 6.5 miles to Downtown Dallas. The two-story Bonita Gardens Apartments was built in 1976 and was completely remodeled in 2011. The asset is built with a long-lasting brick and wood construction, slab foundation, resilient hardie board siding, and recently replaced new pitched roofs. Bonita Gardens is seated on over 161,000 square feet (3.7 acres) of land. The floor plans range in size from 661 square feet to 762 square feet.  An investor can strategically add value by addressing both minor capital improvements and property management. There are roughly 40 vacant units that require some variation of remaining work ranging from cabinet knob hardware, electrical outlet covers, to appliances. Ideally these units can be brought online thereby boosting the rental income. The asset is currently self managed and new investors can have the option of self managing or hiring a large scale professional management firm to stabilize the asset and push rents post stabilization. Investors can review a wide variety of bridge debt scenarios with today’s market historic low interest rates. Investors seeking a true value add opportunity in one of the best markets in North America should strongly consider the Bonita Gardens Apartments.
    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.

    3410 Fordham Rd

    Dallas, TX 75216

    Listing ID: 178470
    • 3410 Fordham Rd Dallas, TX 75216 | for Sale | Photo 1
    • 3410 Fordham Rd Dallas, TX 75216 | for Sale | Photo 2
    • 3410 Fordham Rd Dallas, TX 75216 | for Sale | Photo 3
    3410 Fordham Rd | for Sale | Thumbnail 1
    3410 Fordham Rd | for Sale | Thumbnail 2
    3410 Fordham Rd | for Sale | Thumbnail 3
    Building Size: 114,000 SF
    Lot Size: 3.710 AC
    Land Size: 161,607 SF
    Building $/SF: --
    Land $/SF: --
    Price
    Call for Pricing
    Description

    Allen Multifamily Team at Colliers International is pleased to present Bonita Gardens Apartments is a 138-unit multifamily, garden style, class C asset located in Dallas, TX. The property offers easy access to Interstate-45, Loop-12, the Dallas VA Medical Center, and is a mere 6.5 miles to Downtown Dallas.


     

    The two-story Bonita Gardens Apartments was built in 1976 and was completely remodeled in 2011. The asset is built with a long-lasting brick and wood construction, slab foundation, resilient hardie board siding, and recently replaced new pitched roofs. Bonita Gardens is seated on over 161,000 square feet (3.7 acres) of land. The floor plans range in size from 661 square feet to 762 square feet. 


     

    An investor can strategically add value by addressing both minor capital improvements and property management. There are roughly 40 vacant units that require some variation of remaining work ranging from cabinet knob hardware, electrical outlet covers, to appliances. Ideally these units can be brought online thereby boosting the rental income. The asset is currently self managed and new investors can have the option of self managing or hiring a large scale professional management firm to stabilize the asset and push rents post stabilization. Investors can review a wide variety of bridge debt scenarios with today’s market historic low interest rates.


     

    Investors seeking a true value add opportunity in one of the best markets in North America should strongly consider the Bonita Gardens Apartments.

    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 3410 Fordham Rd Dallas, TX 75216

    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 Population8,79065,466226,360
    Population Median Age353634
    Population by Age0-9 Yrs1708 (19%)10419 (15%)36785 (16%)
    10-19 Yrs1357 (15%)9682 (14%)33686 (14%)
    20-29 Yrs1136 (12%)8912 (13%)35187 (15%)
    30-39 Yrs982 (11%)8248 (12%)30443 (13%)
    40-49 Yrs875 (9%)7657 (11%)27248 (12%)
    50-59 Yrs1022 (11%)8553 (13%)27327 (12%)
    60-69 Yrs1011 (11%)6095 (9%)19173 (8%)
    70+ Yrs699 (7%)5899 (9%)16510 (7%)
    Median HH Income$21,737$26,277$34,195
    Total Household Income< 24K1820 (56%)11052 (47%)28181 (37%)
    25-49K852 (26%)6727 (29%)22014 (28%)
    50-74K341 (10%)2867 (12%)11841 (15%)
    75-99K82 (2%)1250 (5%)6295 (8%)
    100-199K121 (3%)1043 (4%)6530 (8%)
    200K+34 (1%)130 (0%)1064 (1%)
    Highest Education LevelNo Diploma19631292044735
    Diploma or GED19361562544449
    Some College853829726098
    Assoc. Degree14913705417
    Bachelors Degree169202612643
    Higher Degree1097005334
    Total Housing Units4,08626,53385,811
    --Owner-Occupied1,24410,68434,017
    --Renter-Occupied2,00612,38541,909
    Owner-Occupied Values< 100K982865222533
    100-199K21216057956
    200-299K172371457
    300-399K1072910
    400-499K16361
    500K+21113799
    Total Working Age Population6,21348,614168,085
    In Work Force2,96225,17996,527
    Not In Work Force3,25123,43671,558
    Workforce Employed2,57322,52988,166
    Workforce Unemployed3892,6498,361
    Civlian Workforce2,96225,17996,527
    Military Workforce000
    Total Households3,25023,06975,926
    Family Households1,88013,65147,090
    Non-Family Households1,3709,41828,835
    Married Couple6385,16322,260
    Other Family1,2418,48824,830
    Married w/Child2272,2389,657
    Single Male w/Child836192,547
    Single Female w/Child5293,1839,458

    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 3410 Fordham Rd in Dallas is 114,000 square feet
    How much land does the Dallas, TX property at 3410 Fordham Rd include?
    3410 Fordham Rd in Dallas includes 3.710 acres of land
    What is the population within 1 mile of 3410 Fordham Rd in Dallas?
    The population within 1 mile of 3410 Fordham Rd Dallas, TX 75216 is 8,790 people.
    Who do I contact for questions about 3410 Fordham Rd?
    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) 10
    Dallas Fort Worth International Airport (DFW) 20
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 133
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