Property
Beds
28
Full Baths
20
1/2 Baths
None
Year Built
1969
Sq.Footage
N/A
Seller financing available up to 50% of the purchase price at 5% balloon 5 year note. This is a wonderful value-add investment opportunity featuring 20 tenant-occupied units in a gated complex with pool. On-site laundry room (currently not in use) is located in the middle of the property. Complex is located in a re-gentrifying part of Dallas, close to freeways, and walking distance to retail. Photos are of the 1 bedroom, 1 bathroom unit #303. Currently the property is a condominium complex and the HOA is being kept active. The property is being sold in its entirety with all 20 units and common areas so a potential buyer can continue to operate as a condominium complex allowing to flexibility to sell units individually, or convert to a traditional apartment operation. Each unit is separately metered for electric and has separate HVAC units. There is a common water meter and common boiler. Extensive repairs are needed to the property and a detailed inspection report and bid is available
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s)
-
Total Bedrooms
28
-
Bathrooms
20
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Fiber Cement, Stucco
-
Parking
Carport, Common, Parking Lot
-
Patio and Porch Features
Covered, Patio
-
Pool
Yes
-
Pool Features
Gunite, In Ground
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.558
-
Property Type
Residential Income
Price
-
Sales Price
$1,800,000
-
Tax Amount
1190.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Allen
-
Middle School
Medrano
-
High School
Jefferson
Property Features
-
Foundation Details
Combination
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Dallas
Elementary School
Allen
Middle School
Medrano
High School
Jefferson
Listing Courtesy of William Butler , Butler Property Company
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