Thank you
Harrison Sharp
BK Real Estate LLC
817-858-0055
VALUE ADD OPPORTUNITY! Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.
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Total Bedrooms : 8
Full Baths: 8
Half Baths: 0
Cable TV Available,High Speed Internet Available
Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range
Cable Available,City Sewer,City Water
Ceiling Fan(s),Central Air,Electric
Central,Electric
Number of Fireplaces: 0
Built Year: 1982
Building Area Total: 2,568
Construction: Brick
Roof Type: Composition
Slab
Brick
Lot Size (Acr): 0.1820
Lot Size Units: Acres
Lot Size Square Feet: 7927.9200
Property Type: Residential Income
Property Sub Type: Apartment
Subdivision: Marshall Terrace
City: Dallas
State: Texas
Directions: GPS.
Property Status: Active
Levels: Two
Property Age: 42
Year Built Details: Preowned
Original List Price: $875,000
Possession: Closing/Funding
Parcel Number: 00000431632000000
Tax Block: D5775
Tax Legal Description: MARSHALL TERRACE BLK D/5775 LT 29
Tax Lot: 29
Unexempt Taxes: $14,877
Parking: 8
Parking Features: Assigned,Common
HOA Type: None
Elementary School: Foster
Middle School: Cary
High School: Jefferson
School District: Dallas ISD
Utilities: Cable Available,City Sewer,City Water
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3808 Beechwood Lane, Dallas, TX,75220 | $2,199,000 | 4 | 5 | 5,029 | 0.319 Acre |
3420 Hidalgo Drive #301, Dallas, TX,75220 | $125,890 | 2 | 3 | 1,154 | 2.011 Acres |
5100 Brookview Drive, Dallas, TX,75220 | $6,995,000 | 5 | 7 | 8,982 | 1.507 Acres |
3420 Hidalgo Drive #208, Dallas, TX,75220 | $99,900 | 2 | 3 | 1,154 | 2.011 Acres |
3540 Fontana Drive, Dallas, TX,75220 | $750,000 | 4 | 3 | 1,851 | 0.208 Acre |
4407 Gloster Road, Dallas, TX,75220 | $2,399,000 | 5 | 5 | 5,016 | 0.417 Acre |
9103 Bluff Hollow Court, Dallas, TX,75220 | $1,300,000 | -- | -- | -- | 0.305 Acre |
5432 Falls Road, Dallas, TX,75220 | $8,900,000 | 5 | 7 | 12,736 | 1.037 Acres |
3121 Park Lane #1147, Dallas, TX,75220 | $110,000 | 2 | 2 | 970 | 9.125 Acres |
4515 Glenleigh Drive, Dallas, TX,75220 | $4,795,000 | 6 | 9 | 7,861 | 0.42 Acre |
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved
ByOwner last updated this listing 05/01/2024 @ 09:35
MLS: 431730805
LISTED BY: Harrison Sharp, BK Real Estate LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.