Exceptional portfolio opportunity to acquire a newly constructed 16-unit condo community in a highly walkable Dallas location just one block from nightlife, dining, and entertainment. The property is delivered fully vacant and rent-ready, offering a rare opportunity to lease at current market rates with no deferred maintenance and no existing… Read More tenants. The unit mix includes studios, one-bedroom, and two-bedroom residences, ranging from 280- 1,041 SF. This flexible mix supports a variety of rental strategies, including long-term and mid-term rentals, with additional uses subject to city guidelines. (No HOA restrictions) Individual unit values range from $120,000–$349,000, with an average price per unit of approximately $207,000. Ideal for investors seeking multiple exit options, including portfolio hold, refinance after stabilization, or future individual condo sales. Located in a strong demand submarket with proximity to lifestyle amenities, nightlife, and Downtown Dallas. Read Less
Courtesy of Compass RE Texas, LLC, Rachael Gray Smith.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Beds
18
Full Baths
16
Lot Size
0.12 Acres
Year Built
1925
MLS Number
21137128
Additional Details
Appliances & Equipment
Dishwasher, ElectricOven, Refrigerator
Building
Built in 1925, Construction materials: Brick, VinylSiding, Levels: Two, 4 buildings, 2, Toal building area: 3040
Cooling
Other
Expenses
Insurance: $111
Floors
Laminate
Home Owner's Association
Association fee: $200, Association amenities: MaintenanceFrontYard
