M&M Arranges Sale of 31-Unit Apartment Building in Dallas

DALLAS — Marcus & Millichap has arranged the sale of Shawnee Sevilla Apartments, a 31-unit apartment property located in Dallas. John Barker and Daniel Burton of Marcus & Millichap’s Fort Worth office marketed the property on behalf of the seller, a private investor. Barker and Burton also secured the buyer, a limited liability company. The Shawnee Sevilla Apartments was built in 1972 and is a Class C multifamily asset located in a residential neighborhood at 9633 Old Seagoville Road. The property is located near two Dallas Area Rapid Transit (DART) bus stops, along with Crawford Memorial Park and Fireside Park. The Southeast Dallas Health Center is less than one mile from the property. The property includes 28 two-bedroom units, two one-bedroom units and one three-bedroom unit. Shawnee Sevilla has a total rentable square footage of 29,810, with an average unit size of 962 square feet. The building is constructed with wood siding and brick with concrete slab foundations. On-site amenities include storage, a mechanical room and an on-site laundry facility totaling 2,046 square feet.