Property
Beds
18
Full Baths
16
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
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 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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
18
-
Bathrooms
16
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Brick, Vinyl Siding
-
Parking
Common, No Garage, On Street, Parking Lot, Parking Pad, Paved
-
Patio and Porch Features
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.121
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$3,318,000
-
Tax Amount
15749.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$200
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Reagan
-
Middle School
Garcia
-
High School
Adamson
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Dallas
Elementary School
Reagan
Middle School
Garcia
High School
Adamson
Listing Courtesy of Rachael Gray Smith , Compass RE Texas, LLC
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