16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12–24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000.
Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing.
OM available in the transaction desk.
This is for 435 and 439 W 9th St.
Features
18 bedrooms
16 bathrooms
directions_car10 carspaces
3040 sq. ft. floor area
crop_free5270.76 sq. ft. lot size
cottageApartment
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Local market activity for 18 bedroom apartments in Dallas
Sold
For Sale
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