Exceptional portfolio opportunity to acquire a newly constructed 16-unit condo community in a highly walkable Dallas location just one block from nightlife, dining, and entertainment. The property is delivered fully vacant and rent-ready, offering a rare opportunity to lease at current market rates with no deferred maintenance and no existing tenants.
The unit mix includes studios, one-bedroom, and two-bedroom residences, ranging from 280- 1,041 SF. This flexible mix supports a variety of rental strategies, including long-term and mid-term rentals, with additional uses subject to city guidelines. (No HOA restrictions) Individual unit values range from $120,000–$349,000, with an average price per unit of approximately $207,000.
Ideal for investors seeking multiple exit options, including portfolio hold, refinance after stabilization, or future individual condo sales. Located in a strong demand submarket with proximity to lifestyle amenities, nightlife, and Downtown Dallas.
3,040 Sq Ft
5,270.76 Sq Ft Lot Size
apartment
$200 Monthly Maintenance/CC
Built in 1925
MLS/Listing ID 21137128
16 Units
Multiple Staircases
Open Floor Plan
Walk-in Closets
Lot - Corner Lot
Parking - Common
Parking - No Garage
Dishwasher
Electric Oven
Refrigerator
Construction - Brick
Construction - Vinyl Siding
Parking - On Street
Parking - Parking Lot
Parking - Parking Pad
Parking - Paved
Composition
Shingle
Kitchen Island
Granite Countertops
Eat-in Kitchen
Heating - Other
Water Heater
Slab
Laminate
Cooling - Other
TOTAL MONTHLY COST
$0
$0
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