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740 Edgemont Ave
Dallas, TX 75216
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 7,223 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1967 |
| Zoning | Z164 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 7,223 SF |
| No. Stories | 2 |
| Year Built | 1967 |
| Zoning | Z164 |
ABOUT 740 EDGEMONT AVE , DALLAS, TX 75216
Matthews Real Estate Investment Services is pleased to present 740 Edgemont Ave, a 10-Unit value add multifamily asset located in Dallas, TX. 740 Edgemont is located 5 minutes away from Downtown Dallas. The property also benefits from being situated in proximity to the Dallas Zoo and I-35 E. Current ownership recently replaced the roof and windows turned multiple units and leased these units at $850, providing new ownership the opportunity to carry that momentum forward and perform a similar value add strategy on the rest of the building. Qualified investors are offered an outstanding opportunity to acquire a valued add asset located in one of the nation’s largest & fastest-growing MSA’s. • 10 Units – All 2 Bed | 1 Bath • Year Built: 1967 • 40%+ Rental Upside • New Roof & New Windows • Proven out rents at $850
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 00000287698000000 | Improvements Assessment | $942,000 |
| Land Assessment | $108,000 | Total Assessment | $1,050,000 |
PROPERTY TAXES
