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2202 N Carroll Ave. Townhomes 2202 N Carroll Ave 5 Unit Apartment Building $3,095,000 ($619,000/Unit) 4.77% Cap Rate Dallas, TX 75204

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INVESTMENT HIGHLIGHTS

  • Luxury 5-unit Townhome Development
  • East Village Location
  • Rooftop Decks with unobstructed views of Downtown Dallas

EXECUTIVE SUMMARY

Centrally located in the heart of the vibrant East Village, this beautiful property is close to Downtown, a short walk to Dallas's newest & hottest urban development, The Central a twenty-seven acre $2.5 Billion live, work, & entertainment destination development, and many other entertainment destinations in Lower Greenville, Knox Henderson and Uptown. Positioned on a large corner lot and scheduled for completion in December, this building offers a unique living experience. Luxurious appointments throughout including premium interior finishes, abundant natural lighting, elevated ceilings, each unit with approximately 1,840 SF of living space, 2 bedrooms with ensuite baths, a dedicated study/work space on the 1st floor overlooking the patio, an open concept kitchen, a spacious living area with a large balcony on the 2nd floor, and an EV ready garage design that easily fits one full sized pickup/SUV and one standard sized vehicle. The residence is designed for comfort & entertainment throughout culminating with a five hundred square foot rooftop deck that provides commanding views of the Downtown Dallas skyline.

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,095,000
Price Per Unit $619,000
Sale Type Investment
Cap Rate 4.77%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.20 AC
Building Size 9,200 SF
No. Stories 4
Year Built 2025
Parking Ratio 1.2/1,000 SF
Zoning Z164 - Multi-family 2, MFT

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Deck
  • Family Room
  • Freezer
  • Handrails
  • Instant Hot Water
  • Island Kitchen
  • Linen Closet
  • Office
  • Pantry

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Pet Play Area
  • Online Services
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2.5 5 $3,800 1,840
  • Listing ID: 28058977

  • Date on Market: 3/24/2023

  • Last Updated:

  • Address: 2202 N Carroll Ave, Dallas, TX 75204

Contact the Sale Advisor

2202 N Carroll Ave. Townhomes | 2202 N Carroll Ave

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