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4020 Rawlins St
Dallas, TX 75219
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 9,800 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1963 |
| Zoning | Z239 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 9,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Zoning | Z239 |
ABOUT 4020 RAWLINS ST , DALLAS, TX 75219
Located on one of the most coveted streets in Oak Lawn – 4020 Rawlins – represents one of the last true remaining value add properties left. Sitting on 15,000 feet of land the property features 12 large and spacious units averaging over 800 square feet. The building has a majority of 2 bedroom/1 bath units with the remaining units being 1 bedrooms. The property has been converted into condominiums whereby you can sell each unit individually or keep them as a package for a long term hold. Recent condo sales have confirmed prices of over 275K a door in the area. Increase the rents 2X by implementing a renovation program to upgrade units. Property has separate electric meters, individual hvac compressors, and secured access. 4020 Rawlins is walking distance to shops and restaurants on Lemmon and Cedar Springs. Close proximity to Highland Park.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 675 |
| 2+1 | 7 | - | 875 - 1,000 |
