Historical Multifamily Sale Listing - The Agora Apartments - PRICE REDUCED AGAIN!

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The Agora Apartments - PRICE REDUCED AGAIN!

5425 Gaston Avenue, Dallas, TX 75214

N/A

25 Units | Multifamily

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The Agora

Multifamily Property - Off Market

Price:
N/A
No. Units:
25
Building Size:
16,900 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Occupancy:
96%
No. Stories:
2
Year Built:
1962
Lot Size:
28,679 SF
Listing ID
13782578
Last Updated
over 1 year ago

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

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.

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

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