Nice 3bedrooms 2.5 baths full duplex with fire place.Two dining areas and nice size kitchen.Two car garage and on cul de- sac. Lakehighlands schools and much more. Property is currently leased for $1250.00 which is way under market for the area.9401 is two story while 9403 is one.Great investment.Please allow 24 hours for showing.
Villa Del Sol Apartments are located in the SoutheastDallas submarket known as Pemberton Hill across thestreet from South Dallas largest employer Dal-Tile andnot far from Eastfield College.The neighborhood has approximately 3000 homes andapartments with over 15,288 individual multifamily unitsin the region. Occupancy rates in the submarket are asteady 91.70% opportunistically lagging behind a 95.40%for the Metro Plex.Average rent for the 2,598 units that were built in the1970s is $625 per month with the per square foot rentholding at $0.780 per month.Pemberton Hill is in what is considered the Great TrinityForest area, one of the nations largest urban forests, onthe east bank of the Trinity River. The area offers watersports, hiking, the soon to be completed City of DallasChampionship Golf Course and several other parkamenities. In 2008, the City of Dallas completed aneconomic feasibility study which identified the Southernsectors of Dallas as the greatest location for growth inthe next 20 years. The mayor has since committed $800million to the Southern sectors of Dallas which will beused over the next decade. With the initiative, in 2011,the Southea
9 individual properties consisting of 8 duplexes (16 units).
This highly profitable portfolio consists of 10 units in multiple bldgs (2,4,5,9,11,28 & 30) currently at 100% occupancy. All units have been updated since 2009! Some units have faux wood, others have carpet. Each has a hot water tank, W/D connection & most have a microwave. Roof is less than 5 yrs old and recent upgrades to the community include the parking lot & driveways. Each unit has 1 assigned, covered parking space. There is ample open, uncovered parking. All units are 1 bedroom, 1 bath but not identical floor plans so there are some sqft differences between the units. Community amenities include 3 pools, a tennis court, a clubhouse and gated access. Upside potential through increasing rent rates to current market rental rates and charging for pet and late fees. Perfect starter portfolio for newer investors or great cash flow vehicle for long term investors looking to place capital in a stable, predictable market. Actual financials/T-12, P&L and rent roll are available to qualified buyers providing proof of financial capability to perform. All information to be verified by Buyer. Owners association dues cover: Yard Maintenance, Exterior Maintenance, Facilitie
The property is 7500 SF of land with 4000 SF of building. The building is fully leased, but the real opportunity is in the development of high-rise apartments/condos or an office building.
The property for sale is an 8unit apartment (2-fourplexes). The property is located in a mostly residential neighborhood in the Casa View area of Dallas. Each unit is built like a two-story townhouse. All units are 2bedrooms 1-1/2 baths, approximately 1175sq.ft. each. Owner pays for water/trash and outside lights. The rents are currently below market ($620) all tenants are on a month to month. On site manager also does light maintenance in exchange for lower rent, willing to stay on. This would be a good arrangement for one who does not live in the area. Or an owner who wants to live in one unit and rent the rest. There are two other adjacent fourplexes that are owned by a different owner
Berwick offers investors an opportunity to acquire a high-yield, stabilized, cash flowing asset with upside in a Class C submarket. Financing is available for the property and the terms that have been quoted include a 75 percent loan-tovalue ratio, a 4.75 percent interest rate and a 25-year amortization for a five-year holding pattern. Factoring the quoted debt into the investment analysis, Berwick offers a 12.5 percent projected cash-on-cash return at list price. Investment
Very good return on this 40 unit Class C apartment complex. Turn-key staff in place and available to stay after sale or depart with sale. Roof replaced less than 4 years previous. Individual metered electric to each unit.
Newly Renovated 9 Unit Garden Apartment, with 12 onsite parking spaces, in the heart of the Dallas Oaklawn & Lemmon area. All units currently 100% occupied and generating income.