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Investment Highlights
- 100% Occupied with Rents Averaging $4,100/Month
- Each Unit has Attached Two-Car Garages
- $115,000+ Area Median Income in a 1-Mile Radius*
- Newly Constructed Luxury Townhomes with No HOA Dues
- High-End Interior Finishes Throughout
- Located in One of Dallas’ Strongest Rental Submarkets
Executive Summary
New Construction Luxury Townhomes:
The Multifamily Group is pleased to present the exclusive opportunity to acquire
seven recently constructed luxury attached townhomes located at 6345 Richmond
Avenue in Dallas, Texas. Situated in one of Dallas’ most desirable rental markets,
each residence offers 2-3-bedroom units ranging from ~1,100 to 1,957 square feet,
featuring premium interior finishes, open-concept living areas, designer kitchens, and
attached two-car garages.
This offering presents investors with the rare opportunity to acquire a newly built,
stabilized rental portfolio with minimal near-term capital expenditures. The property
combines the appeal of luxury single-family living with the efficiencies of attached
construction, making it highly attractive to both renters and long-term investors seeking
durable cash flow in a high-income Dallas neighborhood.
The Multifamily Group is pleased to present the exclusive opportunity to acquire
seven recently constructed luxury attached townhomes located at 6345 Richmond
Avenue in Dallas, Texas. Situated in one of Dallas’ most desirable rental markets,
each residence offers 2-3-bedroom units ranging from ~1,100 to 1,957 square feet,
featuring premium interior finishes, open-concept living areas, designer kitchens, and
attached two-car garages.
This offering presents investors with the rare opportunity to acquire a newly built,
stabilized rental portfolio with minimal near-term capital expenditures. The property
combines the appeal of luxury single-family living with the efficiencies of attached
construction, making it highly attractive to both renters and long-term investors seeking
durable cash flow in a high-income Dallas neighborhood.
Property Facts
| Sale Type | Investment | Lot Size | 0.28 AC |
| No. Units | 7 | Building Size | 11,165 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2023 |
| Building Class | C | ||
| Zoning | MF-2 - Zoned multi-family 2 per City of Dallas. | ||
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 11,165 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2023 |
| Zoning | MF-2 - Zoned multi-family 2 per City of Dallas. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 3 | - | 1,087 |
| 3+3.5 | 4 | - | 1,976 |
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 002078000108A0000 | Improvements Assessment | $2,281,750 |
| Land Assessment | $668,250 | Total Assessment | $2,950,000 |
Property Taxes
Parcel Number
002078000108A0000
Land Assessment
$668,250
Improvements Assessment
$2,281,750
Total Assessment
$2,950,000
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