Log In/Sign Up
Your email has been sent.
708 N Marsalis Ave 20 Unit Apartment Building For Sale Dallas, TX 75203
Executive Summary
Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property.
Contact agent for financials and pricing.
Contact agent for financials and pricing.
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 20 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1958 |
| Apartment Style | Low-Rise | Parking Ratio | 2.5/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.42 AC | ||
| Zoning | MF2A | ||
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF2A |
Amenities
Unit Amenities
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Window Coverings
Site Amenities
- Courtyard
- Picnic Area
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | $800.00 | 500 |
1 1
Property Taxes
| Parcel Number | 00000249319000000 | Improvements Assessment | $430,320 |
| Land Assessment | $551,250 | Total Assessment | $981,570 |
Property Taxes
Parcel Number
00000249319000000
Land Assessment
$551,250
Improvements Assessment
$430,320
Total Assessment
$981,570
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
708 N Marsalis Ave