This Multifamily Property is Off-Market.

5425 Gaston Avenue
Dallas, TX 75214 ·

25 Units · Multifamily For Sale

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The Agora Apartments - PRICE REDUCED AGAIN!

Price N/A Property Use Type Investment
No. Units 25 Occupancy 96%
Building Size 16,900 SF No. Stories 2
Property Type Multifamily Year Built 1962
Property Sub-type Garden/Low-Rise Lot Size 28,679 SF
Listing ID: 13782578 Date Created: 10/03/2003 Last Updated: 11/12/2009

Description

The Agora Apartments consist of 25 units on Gaston Avenue in historic Old East Dallas near Lakewood. The property was renovated in 2002. This property is an excellent value-add opportunity, as over 1,000 apartments have been torn down in the neighborhood to make way for over 1,100 Class A apartments. Seller has other properties for sale on Gaston Avenue.

The Agora is located on Gaston Avenue, which is one of the major boulevards from Lakewood into downtown Dallas. Lakewood is only two minutes away, and downtown Dallas is only five minutes from the property. This neighborhood is undergoing significant redevelopment. Property backs up to historic Swiss Avenue, where homes sell from the $700's to well over $1 million.

Highlights

  • Located in neighborhood undergoing redevelopment
  • Renovated in 2002
  • Property backs up to historic Swiss Avenue
  • Near major employment centers
  • Five minutes from downtown Dallas, Deep Ellum, Lower Greenville Avenue and Lakewood

Research

5425 Gaston Avenue, Dallas, TX 75214 (Dallas County)

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