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- LoopNet Team
4911 Alton Ave
Dallas, TX 75214
Property For Lease
·
5,038 SF

About the Property
Newly built 13-bedroom, 10-bath communal apartment building that is perfect for non-profit organizations, halfway housing, and shelters. Base rent for this property is $12,000/month, with partnership options available with the landlord. Located in Transitional East Dallas, this apartment offers a spacious communal living environment with shared kitchens and living quarters. The apartment features 13 private bedrooms, 10 bathrooms, a 6-car garage, and 7 outdoor parking spots. The landlord is committed to enhancing security and privacy by installing a gate, fence, and security cameras around the property, in compliance with city regulations. The building is centrally located and just minutes away from uptown downtown SMU Knox Henderson, lower Greenville, and Deep Ellum, providing convenience and accessibility to public transportation. In fact, it's just a 5-minute ride to downtown where thousands of jobs are available. Residents will also have easy access to the beautiful White Rock Lake, as the apartment is connected to the Santa Fe trail. The neighborhood itself is undergoing extensive redevelopment, with commercial multifamily properties being introduced. There are already successful halfway housing and shelters nearby on East Side Avenue and Fair Park Grounds. The area also benefits from increased police surveillance near the park leading to White Rock Lake. The Santa Fe trail is a popular route for walking, jogging, and biking, connecting Dallas downtown, Deep Ellum, and White Rock Lake. We are offering a 1-10 year master lease for the entire property, providing a stable and secure arrangement for non-profit organizations, halfway housing initiatives, and shelters.
Property Facts
| Property Type | Multifamily | Building Size | 5,038 SF |
| Property Subtype | Apartment | Year Built | 2021 |
| Apartment Style | Townhome |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Size | 5,038 SF |
| Year Built | 2021 |
Listing ID: 29498474
Date on Market: 9/12/2023
Last Updated:
Address: 4911 Alton Ave, Dallas, TX 75214
The Old East Dallas Multifamily Property at 4911 Alton Ave, Dallas, TX 75214 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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