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5722 Gaston Ave

Dallas TX 75214

11
8785 sq. ft.
14069.88 sq. ft.
Apartment
Currently for sale - view listing

Overview

Lakewood offers the opportunity to acquire a 12-unit apartment community that has been thoughtfully maintained by the same private owner for nearly a decade. Throughout the ownership period, the property has undergone a series of meaningful capital improvements designed to enhance both its physical condition and operational efficiency. Ownership has invested more than $226k into the asset, including the conversion of all units to central HVAC, individual utility metering, plumbing upgrades, a new central water heater, interior renovations, landscape improvements, and a new perimeter security gate. Additionally, the roof was replaced in 2020, further reducing future capital requirements for a new owner. Collectively, these improvements have addressed many of the major building systems that investors typically evaluate when acquiring a vintage apartment community. The community offers a mix of 1 and 2 bedroom units, with effective rents averaging $1,072. Please see OM in Transaction Desk and contact agent specified in notes section for questions, access to financials and tours.

Features

11 carspaces
8785 sq. ft. floor area
14069.88 sq. ft. lot size
Apartment

Property history for 5722 Gaston Ave

2015
Sold
Undisclosed
20 Nov 2015

Happy sellers in Dallas

~%

We have insufficient information to provide an overview of customer satisfaction for Dallas. Viewing the agent profiles, reviews and sales for Dallas can provide insights for this location.

Local market activity for apartments in Dallas

In the last 12 months, 1 apartment similar to 5722 Gaston Ave, have been sold.

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Sales:
(619) 566-0008
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