About This Property
The Marquee is a 44 unit apartment building in east Dallas constructed in 1960. The Gutow Company, in partnership with DavisRE, acquired the property in November 2013 and after significant capital improvements and 95% lease up, the property sold in June of 2016. Equity partners received a total return of 45% and an IRR of 17% over the 2.65 Year Hold.