2211 S Vernon Ave | Dallas, TX 75224
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This Multifamily Property is no longer advertised on LoopNet.com.
2211 S Vernon Ave
Dallas, TX 75224
Olive at Vernon · Multifamily Property For Sale
·
40 Units

INVESTMENT HIGHLIGHTS
- Proven rental upside of 30%+ on Renovated Units
- Extremely high barrier to entry multifamily submarket being the only Multifamily Asset located in Dallas’ Elmwood neighborhood
- 15 out of 40 units have been fully renovated, leaving tremendous upside for new ownership
PROPERTY FACTS
| No. Units | 40 | Lot Size | 1.30 AC |
| Property Type | Multifamily | Building Size | 31,864 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1969/2021 |
| Building Class | C | Parking Ratio | 2.13/1,000 SF |
| Zoning | Z164 - Multi-family | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 31,864 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2021 |
| Parking Ratio | 2.13/1,000 SF |
| Zoning | Z164 - Multi-family |
AMENITIES
SITE AMENITIES
- Pet Play Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 40 | - | - |
LINKS
PROPERTY TAXES
| Parcel Number | 00000468316000000 | Improvements Assessment | $2,818,400 |
| Land Assessment | $681,600 | Total Assessment | $3,500,000 |
PROPERTY TAXES
Parcel Number
00000468316000000
Land Assessment
$681,600
Improvements Assessment
$2,818,400
Total Assessment
$3,500,000
Listing ID: 23821048
Date on Market: 8/2/2021
Last Updated:
Address: 2211 S Vernon Ave, Dallas, TX 75224
The Elmwood Multifamily Property at 2211 S Vernon Ave, Dallas, TX 75224 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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