Property
Beds
18
Full Baths
18
1/2 Baths
14
Year Built
2020
Sq.Footage
26,178
707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant 16 unit townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units. With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernized systems, and upgraded amenities designed to meet the expectations of today’s urban renter or homeowner. Pictures do not represent current condition. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, High Speed Internet
-
Total Bedrooms
18
-
Bathrooms
18
-
1/2 Bathrooms
14
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
16
-
Construction Materials
Wood Siding, Board & Batten Siding, Concrete
-
Parking
Additional Parking, Assigned, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.0
-
Lot Size(square feet)
43560.0
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$4,695,000
-
Sq. Footage
26, 178
-
Price/SqFt
$179
HOA
-
Association
No
School District
-
Elementary School
Peeler
-
Middle School
West Dallas
-
High School
Pinkston
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Dallas
Elementary School
Peeler
Middle School
West Dallas
High School
Pinkston
Listing Courtesy of Richard Scheurer , CMS Strategic Partners, LLC
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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