Price Upon Req.84,018 SF
La Sierra has convenient access to Downtown Dallas and Love Fiel Airport located near Highland and University Park. AAA location for new townhouse or new apartment development
The offering is a portfolio of four income producing apartment complexes totaling fifty (50) units. The first property is a sixteen unit complex with eleven 1 bedroom/1 bath units, two 2 bedroom/1 bath units and three 2 bedroom/2 bath units. The second property is a fourteen unit complex with fourteen 1 bedroom/1 bath units. The third property is a twelve unit complex with twelve 1 bedroom/1 bath units. The forth property is an eight unit complex with seven 2 bedroom/1 bath units and one 1 bedroom/1 bath unit. Electricity is individually metered at all the properties and paid by the tenants.
The offering is a twelve unit apartment complex located in the great rental neighborhood of Lakewood in east Dallas, TX. The property commands above market rents due to the attention to detail and high end finish out materials. The property was built in 1961. The total building square footage is approximately 8800. The lot is approximately 14,941 sqft. The roof is flat and was replaced in 2012. The foundation is pier and beam. The HVAC is provided by a central chiller/boiler system. Eighty (80%) percent of all utilities are recaptured by a bill back system to the tenants. Over $262,000 has been spent in capital improvements.
The offering is an eighteen unit, income-producing multifamily asset located in a great rental neighborhood known as Oak Lawn in Dallas, TX. The complex is 100% occupied. The property was constructed in 1963. Per the Dallas County Appraisal District, the structure has a total of 14,498 square feet of net rentable space. The lot is approximately 24,000 square feet. The foundation is slab. The roof is flat and was replaced in 2012/2013. The HVAC is provided by a 2-pipe chiller/boiler system. The electricity is sub-metered and billed back to the tenants. The asset offers a unique opportunity to a new owner, cash flow day one with additional Net Operating Income upside. This can be achieved by continuing to do minor updates to the units as they turn to increase rents, and by pushing the other utilities back to the tenants.
Price Upon Req.1,800 SF
1800-2000SF of Urban living. Floor-1 (2 Car garage, utility room), Floor-2 (large living room, kitchen, half bath, closet), Floor-3 (master bed with full bath, study, bedroom with full bath), Floor-4 (Studio, bar, Terrace).
Completely renovated in 2005 with 5 units updated in 2015. Renovation included new pier & beam foundation, plumbing, electrical, interior dry wall, paint, carpet, washer & dryer connections, HVAC, cable, individually metered, pitched roof, perimeter gate & fencing, covered parking. Unit updates included new luxury vinyl plank (LVP) flooring & track lighting in living & kitchen, granite counters in kitchen, more cabinets in kitchen & bath.
$1,700,000Size Upon Req.
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 3 years previous. Individual metered electric to each unit. Current cap rate of 6.37 with initiatives underway to raise cap rate to 8+ by end of 2015.
Price Upon Req.108,660 SF
CASH BUYERS! 137 unit C-Class 70s vintage rehab investment opportunity.The property is currently VACANT. Originally part of a larger portfolio, this property was shut down by the owner for cost saving measures. Requires new roofs, A/C condensers, appliances and make readies of varying degrees in all units. There are approximately 30-35 units that require heavy rehab. Domestic hot water boiler is also in need of repair or replacement. Gated community with private drive-in and walk-in access, individual HVAC and separate meters for electricity. Stucco exterior, flat roofs, separate leasing office and clubhouse. Excellent mix of one-, two-bedroom and townhouse floor plans. Patios/balconies and numerous other amenities.
The last tract of land at Exall Park near Baylor hospital. 54 units, building permit ready to pay for and get going. Have 70% construction loan, have plans, have it all except the $3.8M equity. Equity gets 80% of deal, over 7% cash on cash, 22-25% IRR. Project is leased up before last building, total construction time 10-12 months. Please contact Tom Metcalfe 214 458 8787