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3850 W. Northwest Highway | Dallas, Texas 75220
181 - Unit, Urban InfillValue - Add Opportunity
2008 VINTAGE A - CLASS MIXED USE 5 STORY MID-RISE
181 Multifamily Units with 4 Retail Spaces
Target Raise: $10M
Target IRR: 15-16%
Target Equity Multiple: 1.7-1.9x
Deal Overview
NESTLED IN BETWEEN TWO AFFLUENT NEIGHBORHOODS
BLUFFVIEW PRESTON HOLLOW
SPIADVISORYOFFICE
DIRECT PROXIMITY TO TWO OF THE LARGEST AND MOST PROMINENTECONOMIC DRIVERS IN THE DALLAS/FORT WORTH AREA
LOVE FIELD MEDICAL DISTRICT
Location Overview
DALLAS LOVE FIELDDallas Love Field is home to Southwest Airlines and providesnearly 200 regularly scheduled commercial flights daily to more
than 50 destinations throughout the United States.
8,600 on-site employees
Generates over $2 billion annually for the local Dallaseconomy
15.5 million passengers annually; was named thetop-performing airport in its class for customer service byAirports Council International
$1 billion$1 billion, 2-phase expansion completed, including a newmain terminal & automated walkways
TargetWalgreens Chick fil-ABluffview Towers The Bluffview Growler Jimmy Johns
.25Miles
Amenities
Exterior
Interior