Impeccable location with Highland Park 4 blocks away Newton Park consists of 36 large units that sit on over an acre of land. Long term hold, covered land play this property has multiple exit strategies. The building has been fully renovated whereby each unit features wood flooring throughout, SS appliances, granite counter tops, SS backsplash, new vanities in the bathrooms, and much more. Owner has installed individual HVAC and W/D connections in each unit making them very easy to rent. The property also features new landscaping, new irrigation, new roof, resurfaced and covered parking, and A+ location. This building is the last of its kind whereby most are being torn down making this neighborhood non affordable for most renters. Building is walking distance to Equinox and Two Turtle Creek Village.
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.
$370,000Size Upon Req.
Tanglewood Mobile Home Park is an all age mobile home community located in southeast Dallas near Seagoville. It has 27 mobile home sites with 17 park owned homes including the owner's current double-wide. Situated on three acres, it has a density of nine sites per acre with city utilities.
This highly profitable portfolio consists of 10 units in multiple bldgs (B,G,J,K,M,O,R) currently at 100% occupancy. All but 1 unit has 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 Nantucket Island Apartments consist of 50 units built in 1968. The property is comprised of one, two-story rental building. The improvements totaling approximately 32,972 square feet of rental space are situated on an approximately 1.22 acre site with a density of 41 units per acre. The property is currently zoned "Community Retail District". Units range in size from 549 sf to 817 sf with an average unit size of 659 sf. The exterior veneer is mostly painted brick, with pitched, composition shingled roofs (new in 2013), concrete slab foundations and an asphalt parking lot/drive. The HVAC is provided by way of a central two-pipe chiller system.
The offering is a portfolio of two side by side income producing apartment complexes totaling thirty units. The properties are located in the north Oak Cliff area of Dallas, minutes from the CBD and the Bishop Arts District with restaurants, bars, retail and services. The first property is a sixteen unit complex with eleven 1/1 units, two 2 /1 units and three 2/2 units. The two story structure was built in 1961 and has approximately 11,450 sqft of net lease area. The lot is approximately 18,250 sqft. The foundation is pier and beam. The roof is flat, covered with tar and gravel. The HVAC is provided by Central and window units. Hot water is provided by a central hot water heater. The second property is a fourteen unit complex with fourteen 1/1 units. The two story structure was built in 1958 and has approximately 8,600 sqft of net lease area. The lot is approximately 18,200 sqft. The foundation is pier and beam. The roof is pitched, covered with composition shingles. The HVAC is provided by window units. Hot water is provided by a central hot water heater. Electricity is individually metered and paid by the tenants in both assets.
The offering is a twelve unit apartment complex located in the great rental neighborhood of Oak Lawn in Central Dallas. The property was built in 1930. The total building square footage is approximately 7,600. The lot is approximately 7,175 sqft. The roof is pitched and was replaced in 2005. The foundation is a combination of pier and beam and concrete and steel. The HVAC is provided by window units and electric radiators. The units are individually metered for electricity and paid by the tenants. Water, gas and trash are paid by the tenants via a utility recapture fee paid separately from the rent. Over $175,000 has been spent in capital improvements. The improvements included: Gut renovations of all bathrooms and kitchens, Granite slab counters and designer backsplashes in the kitchens, New stainless steel appliance packages throughout, New fixtures, hardware and ceiling fans throughout, Sanding and refinishing of original hardwoods throughout the property, New paint throughout the apartments and inside the building, Painted the entire facade of the property, Created fenced-in back patio sitting area with gas bbq grill, New heating and A/C units throughout, and much more.
The subject property is a two-story, garden-style apartment community constructed of brick with wood siding. The roofs are pitched composition and the parking lot is asphalt-paved. Unit amenities include spacious floor plans, walk-in closets and mini blinds. Common area amenities include an on-site laundry facility, interior courtyards, gated entry and open ample parking. Located in the Oak Cliff sub-market and accessible to three major highways. Although recently remodeled, the property was unfortunately vandalized with copper theft. Thus, offering an excellent value add opportunity with strong upside. In addition to being constructed in the mid-80's, the property is in a residential location with excellent curb appeal. It is also within proximity to a school, park and local retail centers.
Marcus & Millichap is pleased to announce the exclusive listing of The Marquee, a 44-unit apartment complex located in the Old East Dallas submarket. The Marquee offers boutique apartment living in a rapidly gentrifying submarket south of Park Cities (doorstep to Park Cities), West of Lakewood, and East of Uptown the most affluent neighborhoods in Dallas, Texas. The Marquee has been completely remodeled with upgraded interiors, exterior, common area, mechanical systems, and a recently replaced roof. The new investor of The Marquee will acquire a high-quality, Class B asset, in a core infill location. The Marquee offers investors an opportunity to acquire a moderate-yield, low-risk, cash flowing asset with upside through improving management processes, implementing a theme, and a targeted marketing approach. Financing is available for the property and the terms that have been quoted include a 75 percent loan-to value ratio, a 4.65 percent interest rate and a 30year amortization
Rare opportunity to own ONE building with all 20 units at Creekbend, all units 2 bed room, 2 bath in booming North Dallas area. These condo units are nicely maintained and well occupied with several long-time tenants. Separately metered for electric and tenants pay for electric directly. The HOA fees covers for water among other amenities such as pool, tennis, water, exterior maintenance, trash collection and blanket insurance for owners, plus additional amenities such as pool, tennis, etc