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12708 Schroeder Rd
Dallas, TX 75243
The Flats · Multifamily Property For Sale
·
106 Units
PROPERTY FACTS
| No. Units | 106 | Building Size | 70,388 SF |
| Property Type | Multifamily | Average Occupancy | 77% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2020 |
| Building Class | B | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 3.24 AC | ||
| Zoning | MU3, Dallas | ||
| No. Units | 106 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.24 AC |
| Building Size | 70,388 SF |
| Average Occupancy | 77% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2020 |
| Parking Ratio | 2.67/1,000 SF |
| Zoning | MU3, Dallas |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Heating
- Crown Molding
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Dining Room
- Double Pane Windows
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Gated
- Online Services
- Walk-Up
ABOUT 12708 SCHROEDER RD , DALLAS, TX 75243
Value add Opportunity in North Dallas! Rents are incredibly low currently at $783/ Average for ALL BILLS PAID 2 Bedroom Units ! Upgrade these units and lease for market rate of $1,100+ / month. See attached, worksheet for Rent Roll / Profit/Loss (multiple sheets) and Projected ProForma that you can use to change your assumptions as needed. 106 Unit Apartment Community (All 2 Bedroom / 1 Bathroom Identical Units) sits on 3.24 Acres of Mixed Use (MU3), according to City of Dallas Zoning Dept – built Mixed-use apartment complex, hotel, hospital, office, retail or a combination of it up to 240 feet high. Most of the tenants are 5+ year long term families (mostly referred by other residents of the property).
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 106 | $775.00 | - |
PROPERTY TAXES
| Parcel Number | 00000757507000000 | Improvements Assessment | $12,334,330 |
| Land Assessment | $708,290 | Total Assessment | $13,042,620 |
PROPERTY TAXES
