Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping… Read More views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property. Average rents range from 700-800 all bills paid. Read Less
Courtesy of Colonial Commercial RE LLC, Michael Berkowitz.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Beds
20
Full Baths
20
Lot Size
0.42 Acres
Year Built
1958
MLS Number
21203966
Additional Details
Accessibility Features
Features: AdaCompliant
Appliances & Equipment
Dishwasher
Building
Built in 1958, Construction materials: Brick, Levels: Two, 1 building, 2, Toal building area: 10000
Cooling
Electric
Floors
Carpet, LuxuryVinylPlank
Lot
0.42 acres, 18,295 sqft
Parking
20 total parkings, Concrete
Pool
None
Roof
Composition
Utilities
ElectricityConnected
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