2045 S Forum Dr, Grand Prairie, TX 75052 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2020Total Assessed Value $74,500,000County Dallas

Property Details

The Apartments property 2045 S Forum Dr, Grand Prairie, TX 75052 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $74,500,000.

The gross building area is 301,120 square feet and the land area is 619,772 square feet for this Apartment Garden (1 - 4 stories) built in 2020.

Legal description: Forum At Sara Jane Blk A Lot 2 Acs 14.228 Int202200276195 Dd10202022 Co-Dc 0665800A00200 5Cp0665800A

$74,500,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,811

Avg Rent

Property Image of 2045 S Forum Dr, Grand Prairie, TX 75052, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area301,120

Land Size619,772

Land Value$3,718,630

Improved Value$70,781,370

Total Assessed Value$74,500,000

Year Built2020

County NameDallas

Account Number280665800A0020000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolSwimming Pools

Type ConstructionFrame

No of Stories3

Garage TypeDetached Garages

Basement3

Bedrooms18

Bathrooms17

PatioAvailable

Wood DeckAvailable

Access Gates1

Business Center1

Valet Trash1

Walk-in Closets1

Granite Countertops1

Steel Appliances1

Refrigerator1

Number of Units336

Exterior WallsBrick

Sales History

10/20/2022

Arms-length$48,678,000

Buyer

Copeland Grand Prairie Llc

Seller

Kiw Grand Prairie Venture Llc

Book Number

202200276195

Recording Date

10/20/2022

Transaction Details

Copeland Grand Prairie Llc acquired the property from Kiw Grand Prairie Venture Llc through a Arms-length transaction on 10/20/2022 for $48,678,000.

Property constructed in 2020

YSale Price (USD) byXSales Year

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Mortgage History

7/18/2024

Arms length residential transactions purchase or resales$305,546,000

Borrower

Copeland Grand Prairie Llc

Lender

Keybank National Association

Book Number

2024.144080

Recording Date

7/18/2024

Transaction Details

Copeland Grand Prairie Llc borrowed the property from Keybank National Association through a Arms length residential transactions purchase or resales transaction on 7/18/2024 for $305,546,000.

10/20/2022

New construction residential transactions$36,600,000

Borrower

Copeland Grand Prairie Llc

Lender

Keybank National Association

Book Number

202200276196

Recording Date

10/20/2022

Transaction Details

Copeland Grand Prairie Llc borrowed the property from Keybank National Association through a New construction residential transactions transaction on 10/20/2022 for $36,600,000.

Property constructed in 2020

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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	$6,197,720	$70,349,340	$76,547,060	$76,547,060	Copeland Grand Prair...	1309 Wolly Ave Ste 1...	Forum At Sara Jane B...	2PS007	-	619,772	301,120
2025	$3,718,630	$65,781,370	$69,500,000	$69,500,000	Copeland Grand Prair...	1309 Wolly Ave Ste 1...	Forum At Sara Jane B...	2PS007	Forum At Sara Jane	619,772	301,120
2024	$2,479,090	$69,520,910	$72,000,000	$72,000,000	Copeland Grand Prair...	1309 Wolly Ave Ste 1...	Forum At Sara Jane B...	2Ps007	FORUM AT SARA JANE	619,772	301,120
2023	$2,479,090	$75,020,910	$77,500,000	$77,500,000	Copeland Grand Prair...	82 Armstrong Dr	Forum At Sara Jane B...	2PS007	FORUM AT SARA JANE	619,772	301,120
2022	$2,479,090	$48,000,910	$50,480,000	$50,480,000	Kiw Grand Prairie Ve...	6710 E Camelback Rd ...	Forum At Sara Jane B...	2PS007	-	619,772	301,120
2021	$2,479,090	$6,853,490	$9,332,580	$9,332,580	Kiw Grand Prairie Ve...	6710 E Camelback Rd ...	Forum At Sara Jane B...	2PS007	FORUM AT SARA JANE	619,772	301,120

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Showing 1 to 6 of 6 entries

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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 ↕
2045 S Forum Dr, Grand Prairie, TX 75052	280665800A0020000	Apartments	Apartment Garden (1 - 4 stories)	Copeland Grand Prairie Llc	Dallas	-	$ 48,678,000	2022-10-20	$ 161.66	2020	301,120	336
1225 Ih 20, Grand Prairie, TX 75052	28103730010020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	0.8	$ 85,600,000	2024-12-20	$ 176.39	2021	485,300	380
251 E Bardin Rd, Arlington, TX 76018	07697163	Apartments	Apartment Garden (1 - 4 stories)	Ranchthree0five Nrde Llc	Tarrant	4.6	$ 32,854,990	2024-12-30	$ 162.44	2003	202,262	226
2650 S Forum Dr, Grand Prairie, TX 75052	40975517	Apartments	Apartment Garden (1 - 4 stories)	Cw Forum Llc	Tarrant	1.0	$ 40,358,850	2024-11-19	$ 119.51	2005	337,690	304
365 Uptown Blvd, Cedar Hill, TX 75104	160456400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bw Midtown Cedar Hill Llc	Dallas	7.7	$ 59,045,350	2025-10-16	$ 132.34	2013	446,164	354
6165 Ridge Center Dr, Dallas, TX 75236	00000816038101100	Apartments	Apartment Garden (1 - 4 stories)	Jefferson Cedar Ridge Llc	Dallas	6.1	$ 63,042,000	2025-11-07	$ 165.19	2022	381,633	360
320 W Pleasant Run Rd, Cedar Hill, TX 75104	16037720000010000	Apartments	Apartment Garden (1 - 4 stories)	Jpt Cedar Hill Investco I Llc	Dallas	7.3	$ 56,867,500	2024-11-26	$ 151.94	2018	374,277	300
735 Washington Dr, Arlington, TX 76011	42642581	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corporat	Tarrant	7.4	$ 79,096,300	2024-12-13	$ 172.39	2020	458,819	346
401 N State Hwy 360, Mansfield, TX 76063	42662484	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	8.5	$ 70,323,750	2024-09-06	$ 207.32	2021	339,196	354
8004 W Virginia Dr, Dallas, TX 75237	00754700020040000	Apartments	Apartment Garden (1 - 4 stories)	Dhfc West Virginia Landowner Llc	Dallas	9.1	$ 25,915,050	2024-07-30	$ 117.28	2003	220,975	204
2000 Nahvi Rd, Mansfield, TX 76063	42821400	Apartments	Apartment Garden (1 - 4 stories)	Ch Realty Ixjlb Mf Dallas Man	Tarrant	9.2	$ 66,832,500	2025-08-21	$ 156.64	2022	426,667	1

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	2045 S Forum Dr, Grand Prairie, TX 75052	—	-	619,772	2020	301,120	$ 74,500,000	$ 3,718,630	-
Northmarq Capital Llc	1625 Constitution Pkwy, Arlington, TX 76010	09/10/2025	$ 20,894,000	667,578	1970	250,163	$ 38,377,331	$ 1,168,262	-
Lument Real Estate Capital Llc	2377 Dalworth St, Grand Prairie, TX 75050	08/29/2025	$ 3,000,000	39,600	1962	13,708	$ 1,397,844	$ 207,900	Vista Redevelopment Llc
Lument Real Estate Capital Llc	2377 Dalworth St, Grand Prairie, TX 75050	08/29/2025	$ 3,000,000	60,000	1962	36,892	$ 3,762,156	$ 315,000	Vista Redevelopment Llc
Berkadia Commercial Mtg Llc	700 Timber Oaks Ln, Grand Prairie, TX 75051	08/21/2025	$ 2,937,000	659,634	2003	252,946	$ 21,800,000	$ 1,147,763	Wf Timber Oaks Arlington Llc
Berkeley Point Capital Llc	1500 E Arbrook Blvd, Arlington, TX 76014	08/20/2025	$ 35,553,000	1,533,747	1998	529,992	$ 79,249,520	$ 4,026,086	-
Berkeley Point Capital Llc	4940 S State Hwy 360, Grand Prairie, TX 75052	08/01/2025	$ 14,171,000	369,780	2005	171,367	$ 10,395,850	$ 795,029	At Owner 15 Lp
Acre Credit Fund Ii Gs Ii Llc	250 W Arbrook Blvd, Arlington, TX 76014	06/27/2025	$ 28,250,000	165,497	2017	226,405	$ 26,500,000	$ 1,365,351
Cbre Capital Markets Inc	575 W Dickey Rd, Grand Prairie, TX 75051	06/18/2025	$ 14,100,000	493,012	1981	174,042	$ 19,375,000	$ 986,020	Mia Cottonwood Llc
Arbor Realty Sr Inc	Bardin Rd, Grand Prairie, TX	05/15/2025	$ 50,000,000	1,018,748	2022	298,234	$ 28,664,102	$ 3,565,618	South Central Development Llc
The First Natl Bankgranbury	321 Sw 5th St, Grand Prairie, TX 75051	05/01/2025	$ 1,678,500	49,350	1961	29,814	$ 4,077,780	$ 49,350	Woodoak Corporation

Mean$ 29,593,250

Median$ 16,780,500.0

Loan Amount Range$ 442,000 - $ 305,546,000

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Tenant Details

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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
2045 S FORUM DR, GRAND PRAIRIE, TX 75052-1190	COPELAND	8178888660	APARTMENTS

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License Details

License Number

32093202656

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

1/11/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SPEED TRUCK 21 LLC
	Address Line	2045 s forum dr apt 5118
	City / State / Zip	grand prairie TX 75052
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	75052
Registration Details	SOS Code	A

License Timeline

License Issued

1/11/2024

Currently Active

Status: -

Renewal Required

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