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EL CARO + EMERALD ISLE APARTMENTS 2 Multifamily Properties Offered at $2,650,000 in Dallas, TX
Investment Highlights
- Located within minutes of Deep Ellum, Baylor Medical District, and the Santa Fe Trail, providing access to major employment hubs.
- Site benefits from proximity to Columbia Avenue retail, dining, and fitness options.
Executive Summary
Prime opportunity to purchase two apartments (30 units) in east Dallas sitting on roughly 35,700 sq ft of land, zoned PD-98 (NO historic designation). Emerald Isle is vacant and ready for a full rehab while El Caro is leased at 83% occupancy. This location is close to all things East Dallas as well as Deep Ellum, Baylor Hospital, the Santa Fe Trail, etc.
Property Facts
| Price | $2,650,000 | Number of Properties | 2 |
| Price / SF | $83.13 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 31,878 SF |
| Status | Active | Total Land Area | 0.83 AC |
| Price | $2,650,000 |
| Price / SF | $83.13 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 31,878 SF |
| Total Land Area | 0.83 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Emerald Isle
4523 Reiger Ave, Dallas, TX 75246 |
Multifamily | 16,652 SF | 1965 | - |
|
El Caro
4535 Reiger Ave, Dallas, TX 75246 |
Multifamily | 15,226 SF | 1960 | - |
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