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2308 Britton Dr, Dallas, TX 2308 Britton Dr 5 Unit Apartment Building $574,900 ($114,980/Unit) 7.59% Cap Rate Dallas, TX 75216
Executive Summary
Presenting 2308 Britton Dr, a well-maintained (fully occupied) 5-unit multifamily property located in the heart of Dallas (75216). This two-story building offers a strong 7.4% Cap Rate and consistent cash flow with a 7.5 GRM.
Situated on a 2,780 SF lot, this 1925-build combines historic character with investment stability. Ideally suited for investors looking for a value-add opportunity or a stable income-producing asset in an area with steady rental demand.
Situated on a 2,780 SF lot, this 1925-build combines historic character with investment stability. Ideally suited for investors looking for a value-add opportunity or a stable income-producing asset in an area with steady rental demand.
Property Facts
| Price | $574,900 | Apartment Style | Low-Rise |
| Price Per Unit | $114,980 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 7.59% | Building Size | 2,780 SF |
| Gross Rent Multiplier | 7.5 | Average Occupancy | 80% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | ||
| Zoning | Multifamily Residential | ||
| Price | $574,900 |
| Price Per Unit | $114,980 |
| Sale Type | Investment |
| Cap Rate | 7.59% |
| Gross Rent Multiplier | 7.5 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 2,780 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | Multifamily Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Wi-Fi
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $1,525 | 710 |
1 1
Property Taxes
| Parcel Number | 00000311191000000 | Improvements Assessment | $203,720 |
| Land Assessment | $67,500 | Total Assessment | $271,220 |
Property Taxes
Parcel Number
00000311191000000
Land Assessment
$67,500
Improvements Assessment
$203,720
Total Assessment
$271,220
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
2308 Britton Dr, Dallas, TX | 2308 Britton Dr
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