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INVESTMENT HIGHLIGHTS
- Landmark Apartments presents an opportunity for buyers to purchase a stabilized, cash-flowing asset situated in the top real estate investment hubs.
- Situated in Dallas, TX, just under 4 miles south of the Bishop Arts District, the property offers a conveniently accessible property for tenants.
- Landmark Apartments is a 60-unit garden-style product. The property has ample parking with a total of 94 total parking spaces with 36 covered spaces.
- The property is being offered free-and-clear of existing debt. Please contact Ralph Rader to discuss the most efficient financing execution.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.35 AC |
| No. Units | 60 | Building Size | 45,400 SF |
| Property Type | Multifamily | Average Occupancy | 82% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1961 |
| Building Class | C | Parking Ratio | 2.07/1,000 SF |
| Zoning | MF2A | ||
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.35 AC |
| Building Size | 45,400 SF |
| Average Occupancy | 82% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 2.07/1,000 SF |
| Zoning | MF2A |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Tile Floors
- Kitchen
- Tub/Shower
- Walk-In Closets
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 33 | - | 520 - 660 |
| 2+1 | 27 | - | 880 |
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PROPERTY TAXES
| Parcel Number | 00000491260000000 | Improvements Assessment | $4,491,740 |
| Land Assessment | $307,200 | Total Assessment | $4,798,940 |
PROPERTY TAXES
Parcel Number
00000491260000000
Land Assessment
$307,200
Improvements Assessment
$4,491,740
Total Assessment
$4,798,940
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