425 N Rosemont Ave | Dallas, TX 75208
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- LoopNet Team
425 N Rosemont Ave
Dallas, TX 75208
The District Apartment Homes · Multifamily Property For Sale
·
23 Units
Investment Highlights
- Over $100K per unit was spent on a complete renovation, reducing maintenance costs and increasing tenant appeal
- Situated in the Davis Garden Tax Increment Financing (TIF) district, which attracts business and residential development, boosting neighborhood market
- Convenient access to downtown Dallas (3.5 miles away) and major employment centers
- Located in the prime Bishop Arts district, known for its vibrant mix of boutiques, restaurants, and entertainment venues.
- Strong rental market with median home prices around $602,500, making renting an attractive option for many residents.
Property Facts
| No. Units | 23 | Lot Size | 0.72 AC |
| Property Type | Multifamily | Building Size | 17,325 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Zoning | B11 - Multifamily Apartments | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 17,325 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | B11 - Multifamily Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Courtyard
- Tenant Controlled HVAC
- Cabana
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 490 - 650 |
| 2+1 | 6 | - | 775 - 875 |
| 2+1.5 | 7 | - | 894 - 1,003 |
Property Taxes
| Parcel Number | 00000262453000000 | Improvements Assessment | $1,613,610 |
| Land Assessment | $325,000 | Total Assessment | $1,938,610 |
Property Taxes
Parcel Number
00000262453000000
Land Assessment
$325,000
Improvements Assessment
$1,613,610
Total Assessment
$1,938,610
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