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5317 Junius St 16 Unit Apartment Building $1,550,000 ($96,875/Unit) Dallas, TX 75214
EXECUTIVE SUMMARY
Dallas Property Advisors, LLC is pleased to announce the exclusive listing of 5317 Junius. Nestled in the residential neighborhood of Junius Heights in Old East Dallas, 5317 Junius is a 16-unit value add multifamily building. Units are very spacious, averaging over 660 square feet and offer a variety of 1 and 2-bedroom floor plans. The building has central
heating/cooling, separate electric meters, ample parking, an inviting courtyard, and much more. Tenants love this subdivision because it is in a quiet residential neighborhood and close to Downtown, Knox Henderson, Lower Greenville, and Uptown.
The value lies in renovating the remaining units and getting all units to market and cutting expenses.
heating/cooling, separate electric meters, ample parking, an inviting courtyard, and much more. Tenants love this subdivision because it is in a quiet residential neighborhood and close to Downtown, Knox Henderson, Lower Greenville, and Uptown.
The value lies in renovating the remaining units and getting all units to market and cutting expenses.
PROPERTY FACTS
| Price | $1,550,000 | Building Class | C |
| Price Per Unit | $96,875 | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 10,600 SF |
| No. Units | 16 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1964/2021 |
| Apartment Style | Low-Rise | Parking Ratio | 1.89/1,000 SF |
| Zoning | Z239 | ||
| Price | $1,550,000 |
| Price Per Unit | $96,875 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 10,600 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2021 |
| Parking Ratio | 1.89/1,000 SF |
| Zoning | Z239 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 600 - 675 |
| 2+1 | 4 | - | 750 |
1 1
PROPERTY TAXES
| Parcel Number | 00000156775000000 | Improvements Assessment | $1,470,240 |
| Land Assessment | $280,760 | Total Assessment | $1,751,000 |
PROPERTY TAXES
Parcel Number
00000156775000000
Land Assessment
$280,760
Improvements Assessment
$1,470,240
Total Assessment
$1,751,000
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5317 Junius St
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