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12708 Schroeder Rd
Dallas, TX 75243
The Flats · Multifamily Property For Sale · 106 Units

PROPERTY FACTS

No. Units 106
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 3.24 AC
Building Size 70,388 SF
Average Occupancy 77%
No. Stories 2
Year Built/Renovated 1963/2014
Parking Ratio 2.67/1,000 SF
Zoning MU3, Dallas

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Heating
  • Crown Molding
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Dining Room
  • Double Pane Windows
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Gated
  • Online Services
  • Walk-Up

ABOUT 12708 SCHROEDER RD , DALLAS, TX 75243

Mixed Used Zoning ! Existing Apartment Complex in an excellent visibility from major Highways! 106 Unit Apartment Complex with HIGH occupancy and LOW rents! Plenty of room for upgrades and rent increases. What makes this property special and unique is that this 106 unit apartment complex sits on 3.24 Acres of Mixed Use (MU3), according to City of Dallas Zoning Dept – build Mixed use apartment complex, hotel, hospital, office, retail or a combination of it up to 240 feet high ! This is your chance to own a cash flowing investment with MULTIPLE exit strategies! Located with high visibility of two of the most popular highways 635 & 75. Minutes away from the new Dallas Midtown Project, North Park Mall & Galleria Mall. Please schedule showings with me prior to your site visit there. If you do happen to drive by the property, please DO NOT enter the gates, DO NOT talk to the tenants or staff, the on-site management is instructed by the sellers to contact the police if unauthorized vehicles are spotted on the property. Any offers from trespassers will not be entertained.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 106 $775.00 660

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00000757507000000
Land Assessment
$708,290
Improvements Assessment
$12,334,330
Total Assessment
$13,042,620
  • Listing ID: 14544323

  • Date on Market: 12/4/2018

  • Last Updated:

  • Address: 12708 Schroeder Rd, Dallas, TX 75243

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