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2230 Shea Rd 14 Unit Apartment Building For Sale Dallas, TX 75235
Investment Highlights
- Professional Medical Tenants Nurses and Doctors
- Next to medical district
Executive Summary
Lease to Doctors and Nurses in Medical District Near Buy
14 Units
Garages for each unit
Dog Park
Strong Tenants all Professional Medical Background
NOI $292,600
Taxes: $25,000 per year
Insurance: $10,000 per year
Tenants Pay everything else
Separate Meters: Yes
Occupancy: 100%
Tenants are Nurses, and Medical Professionals at Near by Medical District currently expansion is 2B+
Year Built: July 2026
Warranty: Roof Ten (10) Years, HVAC Two (2) Years – Both are New
Sales Price: 6.25 Cap
Call me if I do not pick up leave message
Dale Brown
214 505 3050
14 Units
Garages for each unit
Dog Park
Strong Tenants all Professional Medical Background
NOI $292,600
Taxes: $25,000 per year
Insurance: $10,000 per year
Tenants Pay everything else
Separate Meters: Yes
Occupancy: 100%
Tenants are Nurses, and Medical Professionals at Near by Medical District currently expansion is 2B+
Year Built: July 2026
Warranty: Roof Ten (10) Years, HVAC Two (2) Years – Both are New
Sales Price: 6.25 Cap
Call me if I do not pick up leave message
Dale Brown
214 505 3050
Financial Summary (Actual - 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 0.34 AC |
| No. Units | 14 | Building Size | 25,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2026 |
| Building Class | B | ||
| Zoning | Z164 - 14 Units 6.25 Cap NOI $292,600 Taxes: $25,000 per year Insurance: $10,000 per year Tenants Pay everything else Separate Meters: Yes Occupancy: 100% | ||
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 25,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | Z164 - 14 Units 6.25 Cap NOI $292,600 Taxes: $25,000 per year Insurance: $10,000 per year Tenants Pay everything else Separate Meters: Yes Occupancy: 100% |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Bicycle Storage
- Backup Power / Generators
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 14 | $10.00 | 25,000 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 00000214471000000 | Total Assessment | $562,000 (2025) |
| Land Assessment | $562,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
00000214471000000
Land Assessment
$562,000 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$562,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Dale Brown
2230 Shea Rd
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