12708 Schroeder Rd | Dallas, TX 75243
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- LoopNet Team
12708 Schroeder Rd
Dallas, TX 75243
The Flats · Multifamily Property For Sale
·
105 Units
INVESTMENT HIGHLIGHTS
- 40 Units Renovated and Released at $1155-1195
- 86% Occupied
- This is an all bills paid property to include electric, gas, water, sewer, and 2 free parking spaces
- 15 Units Down in Current Renovation May 2020 Completion Rents to be $1245
- Strong 20 year Historical Rental Performance and Near 100% rent Collections during Covid 19
PROPERTY FACTS
| No. Units | 105 | 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 | 105 |
| 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
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 105 | $1,175 | - |
PROPERTY TAXES
| Parcel Number | 00000757507000000 | Improvements Assessment | $12,334,330 |
| Land Assessment | $708,290 | Total Assessment | $13,042,620 |
PROPERTY TAXES
Parcel Number
00000757507000000
Land Assessment
$708,290
Improvements Assessment
$12,334,330
Total Assessment
$13,042,620
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