The Brioso

3627 Almazan Drive, Dallas, TX 75220

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 24,938 SF
  • Units 46
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024

The Brioso is a recently renovated, 46-unit multifamily community located in the Northwest Dallas submarket of the Dallas-Fort Worth-Arlington Metropolitan Statistical Area (MSA). The property was built in 1962, renovated in 2023, and comprises 1, two-story brick buildings with a flat roof. Spacious studio, one-bedroom, and two-bedroom floor plans are offered. Unit amenities include modern kitchens equipped with stainless steel appliances*, faux hardwood flooring, and walk-in closets. Common area amenities include laundry facilities, on-site parking, and a resident courtyard. Water and electric utilities are allocated and billed back to tenants. The grounds span 1.78 acres and feature a large open green space accented with a variety of trees and shrubs.

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Attachments

Highlights

  • Stabilized Asset with Recent Upgrades Since acquiring the property in 2021, ownership has successfully stabilized operations and improved occupancy. Significant renovations, including premium unit upgrades, garden patio enhancements, new windows, and new signage, have added value and appeal.
  • Enhanced Community Appeal Recent exterior improvements, including a steel-framed pergola, central grill area, and xeriscaping have created a modern, comfortable outdoor living environment.
  • Value-Add Opportunity through Interior Upgrades Investors can unlock additional revenue by continuing the interior upgrades, such as modernizing kitchens, bathrooms, and flooring. These improvements could command rental premiums of $100 to $230 per unit, contributing to both income growth and property appreciation.
  • Prime Location in High-Demand Area Located in the Bachman Lake and Love Field corridor, one of Dallas' fastest-growing neighborhoods, Brioso Apartments benefits from its proximity to major highways, Dallas Love Field Airport, and premier retail centers, offering tenants urban convenience with easy access to outdoor amenities.
  • Strong Occupancy and Rent Growth The Dallas-Northwest submarket, where Brioso is located, boasts a high occupancy rate of 93.4% and an impressive 7.2% year-over-year rent growth in Q3 2024. This makes Brioso a prime asset in a thriving market with sustained demand for quality housing.
  • Offered Free and Clear of Existing Debt; Qualifies for Non-Recourse Agency Financing with Fixed and Hybrid Rate Options

Contacts

broker

Craig Jasso

GREA

broker

Mark Allen

GREA

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Transit Score ®

    35/100 Some Transit

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Dallas, TX
  • Neighborhood Walnut Hill Estates
  • Zip Code 75220
  • Market Dallas Fort Worth

Points of Interest

  • Bachman

    1.41 miles

  • Burbank

    1.53 miles

  • Walnut Hill/Denton

    1.98 miles

  • Royal Lane

    2.85 miles

  • Inwood/Love Field

    3.23 miles

  • University of Dallas

    3.55 miles

  • Southwestern Medical District/Parkland

    3.77 miles

  • 600 Las Colinas Boulevard

    4.24 miles

  • Tower 909

    4.57 miles

  • Market Center Station

    4.57 miles

  • 7-Eleven

    0.25 miles

  • Sam's Club

    0.25 miles

  • Exxon

    0.46 miles

  • Valero

    0.47 miles

  • Fox

    0.50 miles

  • RaceTrac

    1.05 miles

  • Shell

    1.16 miles

  • Tesla Destination Charger

    2.70 miles

  • Cinemark 17 IMAX

    3.36 miles

  • Preston Royal Village

    3.83 miles

  • Parking Garage C

    1.56 miles

  • Valet Parking

    1.56 miles

  • The Parking Spot 1

    2.19 miles

  • The Parking Spot 2

    2.36 miles

  • Chase Bank parking

    2.86 miles

  • Visitor Parking

    2.88 miles

  • Visitor Garage B

    3.04 miles

  • North Campus Garage 2

    3.07 miles

  • Garage C

    3.09 miles

  • Visitor Parking Garage

    3.12 miles

  • Embassy Suites

    0.47 miles

  • Anchor Motel

    1.36 miles

  • BEST WESTERN Northwest Inn

    1.66 miles

  • Motel 6 Dallas Northwest

    1.75 miles

  • Baymont Inn & Suites Dallas Love Field

    1.77 miles

  • Studio 6 Dallas- Tx - Northwest

    1.80 miles

  • Super 8

    1.86 miles

  • Days Inn

    1.86 miles

  • SpringHill Suites Dallas NW Highway at Stemmons/I-35E

    1.91 miles

  • MCM Elegante Hotel and Suites

    1.99 miles

  • Al's Pizzeria

    0.20 miles

  • Torteria Insurgentes

    0.21 miles

  • Seafood Shack

    0.23 miles

  • Pollo Campero

    0.26 miles

  • Panda Express

    0.26 miles

  • Whataburger

    0.29 miles

  • Popeyes

    0.31 miles

  • Chick-fil-A

    0.34 miles

  • Jimmy John's

    0.36 miles

  • McDonald's

    0.43 miles

  • Stephen C Foster Elementary School

    0.40 miles

  • Julian T Saldivar Elementary School

    0.89 miles

  • David G Burnet Elementary School

    1.10 miles

  • Leonidas Gonzalez Cigarroa MD Elementary School

    1.15 miles

  • Jose Joe May Elementary School

    1.16 miles

  • Francisco Pancho Medrano Middle School

    1.28 miles

  • Edward H Cary Middle School

    1.32 miles

  • Saint Monica Catholic School

    1.38 miles

  • Thomas Jefferson High School

    1.39 miles

  • Sudie L, Williams Elementary School

    1.60 miles

  • Miss Bloomingdale's Academy

    4.06 miles

  • Hamilton Academy

    4.52 miles

  • Mona Montessori Greentree

    5.16 miles

  • Wonderland

    5.33 miles

  • Little Rascals II Daycare & Learning Center

    5.99 miles

  • Parent Day Out

    6.01 miles

  • East Dallas Developmental Center

    6.56 miles

  • Swiss Learning Center

    6.65 miles

  • New Age Montessori

    7.24 miles

  • Primrose School of Valley Ranch

    7.40 miles

Frequently Asked Questions

How much does The Brioso cost?

The sale price for The Brioso is available upon request. Contact the listing broker for more information.

What is the total square footage of The Brioso?

The Brioso totals 24,938 square feet.

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