5207 Columbia Ave | Dallas, TX 75214
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- LoopNet Team
5207 Columbia Ave
Dallas, TX 75214
THE EDITION APARTMENTS · Multifamily Property For Sale
·
27 Units
Investment Highlights
- 27 units in the heart of Old East Dallas, minutes from Swiss Ave, Lakewood, Lower Greenville, and Uptown Dallas
- Year Built: 1962
- Opportunity to purchase at a great basis in core Dallas
- Occupancy: 81%
- Current ownership operates the property with section 8 tenants at above-market rents — new owner can continue with voucher tenants or re-lease
- The majority of units have had heavy unit turns, including flooring, counters, paint, etc.
Property Facts
| No. Units | 27 | Building Size | 18,582 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.01/1,000 SF |
| Lot Size | 0.73 AC | ||
| Zoning | MF2A | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 18,582 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | MF2A |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Crown Molding
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 500 - 660 |
| 2+2 | 14 | - | 750 |
Property Taxes
| Parcel Number | 00000152836000000 | Improvements Assessment | $2,279,540 |
| Land Assessment | $634,200 | Total Assessment | $2,913,740 |
Property Taxes
Parcel Number
00000152836000000
Land Assessment
$634,200
Improvements Assessment
$2,279,540
Total Assessment
$2,913,740
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