Country Creek Condominium Portfolio – 10 Units $1,200,000 $120,000 per Door
A rare opportunity to secure stabilized cash flow with powerful long-term upside. This 10-unit Dallas portfolio (7 2BR.2BA, 3 3BR.2BA) sits at 90% occupancy in a high-demand submarket, delivering immediate income from day one. Acquired well below individual… Read More retail value (comps up to $129K-2BR, $144K-3BR), investors step into substantial built-in equity instantly. With market rents reaching $1,800 per mo, cap rate has strong potential to climb into the high 7% to 8% range as rents are optimized — a clear mark-to-market runway for serious growth. A recently renovated unit offers a proven value-add blueprint to unlock top-of-market returns across the portfolio. Low-risk, near-stabilized, and positioned in a rising submarket with units trending toward $200K individually — this is a rare blend of income today and equity growth tomorrow. Hold for yield, sell units individually, or 1031 exchange — the exit strategy is yours. Don’t miss this turnkey wealth-building opportunity. Read Less
Courtesy of NextHome Property Advisors, Haleigh Kurth.
Listing Snapshot
Days Online
4
Last Updated
Property Type
MultipleParcels
Beds
23
Full Baths
20
Lot Size
19.86 Acres
Year Built
1974
MLS Number
21410698
Additional Details
Appliances & Equipment
ElectricCooktop, Microwave
Building
Built in 1974, Year Built Details: Preowned, 10 buildings, Levels: Two, Construction Materials: Brick
Cooling
CentralAir
Floors
Carpet, CeramicTile, Laminate
Foundation
Slab
Heating
Central
Home Owner's Association
Association Fee: $443, Fee Frequency: Monthly, Fee Includes: AssociationManagement
Income
Gross Income: $179,000
Interior Features
DecorativeDesignerLightingFixtures, EatInKitchen
Lot
19.864 acres
Parking
10 total parking spaces, Assigned
Pool
None
Property
Resale
Roof
Composition
Sewer
PublicSewer
Taxes
Parcel Number: 00000785183880000, Annual Amount: $3,351, Tax Block: A, Legal Description: COUNTRY CREEK CONDOS ALL BLKS A-B/8018 WALTON
Utilities
SewerAvailable, WaterAvailable, Water Source: Public
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