2323 N Akard St, Dallas, TX 75201 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2016Total Assessed Value $100,000,000County Dallas

Property Details

The Apartments property 2323 N Akard St, Dallas, TX 75201 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $100,000,000.

The gross building area is 306,924 square feet and the land area is 87,773 square feet for this Apartment Garden (1 - 4 stories) built in 2016.

Legal description: Union Dallas Master Condominium Blk 291 Ne Pt Lt 1A Acs 2.015 Multifamily Unit Ce 41.55% Tif Sp Int202100255255 Dd08232021 Co-Dc 0291 000 00600 1000291 000

$100,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area306,924

Land Size87,773

Land Value$6,382,190

Improved Value$93,617,810

Total Assessed Value$100,000,000

Year Built2016

County NameDallas

Account Number00C7656000MULTI00

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Type ConstructionFrame

No of Stories30

BasementFull basement

Number of Units201

Exterior WallsBrick

Sales History

8/23/2021

Other$172,100,000

Buyer

Christopher Apartments

Seller

Book Number

Recording Date

8/23/2021

Transaction Details

Christopher Apartments acquired the property from through a Other transaction on 8/23/2021 for $172,100,000.

Property constructed in 2016

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$6,382,190	$96,127,810	$102,510,000	$102,510,000	Christopher Apartmen...	5910 N Cnrtl Expwy S...	Union Dallas Master ...	1DSOL6	-	87,773	306,924
2025	$6,382,190	$82,116,300	$88,498,490	$88,498,490	Christopher Apartmen...	Investment Group Lp ...	Union Dallas Master ...	1DSOL6	-	87,773	306,924
2024	$5,470,450	$86,898,580	$92,369,030	$92,369,030	Christopher Apartmen...	Investment Group Lp ...	Union Dallas Master ...	1Dsol6	-	87,773	306,924
2023	$5,470,450	$84,947,030	$90,417,480	$90,417,480	Christopher Apartmen...	Investment Group Lp ...	Union Dallas Master ...	1DSOL6	-	87,773	306,924
2022	$5,470,450	$74,539,260	$80,009,710	$80,009,710	Christopher Apartmen...	5910 N Cnrtl Expwy S...	Union Dallas Master ...	1DSOL6	-	87,773	306,924
2021	$5,470,450	$68,684,890	$74,155,340	$74,155,340	Union Uptown Dallas ...	Attn: Brandon Hoag, ...	Union Dallas Master ...	1DSOL6	-	87,773	306,924
2020	$5,470,450	$59,740,750	$65,211,200	$65,211,200	Union Uptown Dallas ...	Attn: Brandon Hoag, ...	Union Dallas Master ...	1DSOL6	-	87,773	306,924
2019	$4,592,630	$47,142,580	$51,735,210	$51,735,210	Union Uptown Dallas ...	Attn: Brandon Hoag, ...	Union Dallas Master ...	1DSOL6	-	88,426	306,924

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
2323 N Akard St, Dallas, TX 75201	00C7656000MULTI00	Apartments	Apartment Garden (1 - 4 stories)	Christopher Apartments	Dallas	-	-	-	-	2016	306,924	201
1531 Inspiration Dr, Dallas, TX 75207	001226000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Srgmf Iv Inspiration Dallas Llc	Dallas	0.7	$ 59,850,000	2025-11-11	$ 165.07	2008	362,566	309
4123 Cedar Springs Rd, Dallas, TX 75219	001502000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Cedar Springs I Llc &	Dallas	1.6	$ 158,381,617	2025-07-02	$ 544.83	2008	290,699	324
835 S Good Latimer Expy, Dallas, TX 75226	000157000301A0000	Apartments	Apartment Garden (1 - 4 stories)	Spi Good Latimer 340 De Llc &	Dallas	1.5	$ 47,893,300	2025-07-21	$ 127.66	2015	375,159	340
305 W Commerce St, Dallas, TX 75208	006821000A0010000	Apartments	Apartment Garden (1 - 4 stories)	305 West Commerce Llc	Dallas	1.7	$ 50,646,400	2025-08-26	$ 168.54	2016	300,500	308
3700 Mckinney Ave Unit, Dallas, TX 75204	00C44890000100001	Apartments	Apartment Garden (1 - 4 stories)	Usl 3700m Llc &	Dallas	1.4	$ 146,300,000	2025-08-07	$ 341.91	2013	427,890	381
111 Morgan Ave, Dallas, TX 75203	003413000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Beckley Oz Holdings Llc	Dallas	1.9	$ 64,837,500	2025-05-01	$ 252.61	2022	256,675	340
915 S Harwood St, Dallas, TX 75201	000120000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	La Villa Housing Finance Corp	Dallas	1.2	$ 66,566,500	2025-03-13	$ 206.97	2017	321,630	297
2781 N Carroll Ave, Dallas, TX 75204	002006001801D0000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	1.7	$ 108,777,500	2024-12-06	$ 309.71	2019	351,221	430
1001 Ross Ave, Dallas, TX 75202	00021200100010000	Apartments	Apartment Garden (1 - 4 stories)	Cc Meyer Properties Llc	Dallas	0.5	$ 31,681,930	2025-02-26	$ 142.34	2003	222,581	204
660 Yorktown St, Dallas, TX 75208	006816000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Edcouch Community Housing	Dallas	2.2	$ 36,774,500	2024-12-18	$ 196.74	2015	186,918	226

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2323 N Akard St, Dallas, TX 75201	—	-	87,773	2016	306,924	$ 100,000,000	$ 6,382,190	-
Texell Credit Union	3604 San Jacinto St, Dallas, TX 75204	08/25/2025	$ 1,700,000	9,187	1961	5,600	$ 2,016,000	$ 459,350	Commodore Real Estate Holdings
Teachers Insurance&annuity Ass	1700 Cedar Springs Rd, Dallas, TX 75202	08/15/2025	$ 56,000,000	91,693	2009	409,493	$ 106,700,000	$ 8,146,690	Lg Cedar Springs Lp
Uplam Tcr Lender Llc	3555 Dickason Ave, Dallas, TX 75219	08/04/2025	$ 9,750,000	34,673	2024	145,237	$ 5,777,610	$ 2,947,210	One Turtle Creek Holdings Llc
Northmarq Cap Fin Llc	3039 Nowitzki Way, Dallas, TX 75219	07/18/2025	$ 129,711,000	63,989	2018	579,579	$ 195,000,000	$ 11,026,740	3099 Olive Lp
Security Natl Bank Of Omaha	3130 N Harwood St, Dallas, TX 75201	06/27/2025	$ 11,000,000	81,457	2015	929,066	$ 119,124,620	$ 5,629,700	Hic Marche Llc
Wells Fargo Bank Na	2901 W Cityplace Blvd, Dallas, TX 75204	05/22/2025	$ 48,000,000	101,638	2002	298,063	$ 59,225,000	$ 12,704,750	Cityplace Tx Partners Lp
Cache Valley Bank	211 N Ervay St, Dallas, TX 75201	04/15/2025	$ 10,000,000	10,000	1958	196,925	$ 12,000,000	$ 950,000	Tc Spe 1 Llc
Midfirst Bank	3821 Munger Ave, Dallas, TX 75204	04/02/2025	$ 548,000	7,395	2022	9,440	$ 2,200,000	$ 443,700
Sm Finance Iif Llc	915 S Harwood St, Dallas, TX 75201	03/13/2025	$ 50,050,000	120,095	2017	321,630	$ 73,700,000	$ 6,605,230	Farmers Tx Holdings Lp
Velocity Commercial Cap Llc	2910 Throckmorton St, Dallas, TX 75219	02/27/2025	$ 2,600,000	32,296	1966	20,544	$ 3,750,000	$ 1,937,760	One Home Realty Ii Llc

Mean$ 47,274,790

Median$ 41,683,000.0

Loan Amount Range$ 237,751 - $ 247,710,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2323 N AKARD ST APT 2802, DALLAS, TX 75201-4481	PREMIER UPTOWN CONSULTING	2145638048	CONSULTANTS-BUSINESS NEC
2323 N AKARD ST, DALLAS, TX 75201-2486	CHRISTOPHER	2144341507	APARTMENTS

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License Details

License Number

32093206822

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/10/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	NEWPORT DES MOINES, LLC
	Address Line	2323 n akard st apt 1801
	City / State / Zip	dallas TX 75201
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48113
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75201
Registration Details	SOS Code	A

License Timeline

License Issued

1/10/2024

Currently Active

Status: -

Renewal Required

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