5820 Reiger Avenue

Dallas TX 75214

6022 sq. ft.

14157 sq. ft.

Apartment

Currently for sale - view listing

Overview

Nestled in Old East Dallas, Barcelona consists of 8 units and is conveniently located near Downtown Dallas, Baylor University Medical Center and popular spots such as Deep Ellum and Lower Greenville. Property is currently 100% occupied with room to increase rents with additional updates. Unit mix is 7 one bedrooms and 1 studio, with units 1 and 5 having their own private patio and back units enjoying a large shared fenced backyard. Owner recently completed renovation work that includes new gas lines, highly efficient mini split AC units in 6 out of 8 units; partial updates to select bathrooms, new patio furniture, updated landscaping and more. Owner also installed a 30-year roof in 2017 with added insulation. Landlord covers utilities and bills back with a flat utility fee. When including all fees (pet, utility, CAM, trash and pest) plus base rent, rents for all 8 units averages $1,440, with rents ranging from $1,177 to $1,666. See Transaction Desk for the OM. Reach out to agent for financials including the Rent Roll.

Features

8 carspaces

6022 sq. ft. floor area

14157 sq. ft. lot size

Apartment

Happy sellers in Dallas

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