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INVESTMENT HIGHLIGHTS
- Stabilized with Strong Operational Value-Add Potential ~21% Rental Upside
- 100% Occupancy
- Large Renovated Units
- Median Household Income in Excess of $92k Within the 1-Mile Radius
- On-Site Laundry
- Well Located in South Dallas County, One of the Fastest-Growing Industrial Distribution Hubs in the Country ~25 Min to Downtown Dallas
EXECUTIVE SUMMARY
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
PROPERTY FACTS
| Price | $810,700 | Property Type | Multifamily |
| Price Per Unit | $101,338 | Building Size | 6,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 7.09% | No. Stories | 2 |
| Gross Rent Multiplier | 8.47 | Year Built | 1964 |
| No. Units | 8 |
| Price | $810,700 |
| Price Per Unit | $101,338 |
| Sale Type | Investment |
| Cap Rate | 7.09% |
| Gross Rent Multiplier | 8.47 |
| No. Units | 8 |
| Property Type | Multifamily |
| Building Size | 6,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,000 | 750 |
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