Wednesday, January 22, 2020

Renovated 11 Unit Property - Lakewood (East Dallas)

Solid property on the main thoroughfare our of Downtown Dallas, near Lakewood Entertainment District.

11 Total units - Seven ONE Bed, Four TWO Bed - separate electric, shared water meter.

Price is high on what taxes would eventually be. Being marketed at $1.5M. Fair price to get it to 6.5% Cap would be $1.4M. Overall clean property with updated units and will get plenty of drive traffic on a daily basis to keep it rented.

Email me for details.