1820 N Garrett Ave - Apartments FOR SALE


Dallas, TX 75206- Knox Henderson
$4,095,000 USD
972-636-5241
1820 N Garrett Ave, Dallas, TX for Sale
$4,095,000 USD
Apartments - FOR SALE
1/3
null | 6.19% Cap Rate

1820 N Garrett Ave
Dallas, TX 75206
Knox Henderson


HIGHLIGHTS

  • Strong Value-Add Potential with ~25% Rental Upside Post-Renovation
  • In-Unit Washer/Dryers
  • Median Owner-Occupied Housing Unit Value of $704k Within the 3-Mile Radius
  • Median Household Income in Excess of $105k Within the 3-Mile Radius
  • Direct Access to the 110,000+ Jobs Within a 1-Mile Radius of Dallas’ Central Business District

OVERVIEW

Broker of Record Patrick Graham License # 9005919 (TX) Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225

FOR SALE DETAILS

PRICE

$4,095,000 USD

PRICE/SF

$209 USD /SF

# OF UNITS

28

PRICE/UNIT

$146,250

CAP RATE

6.19%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Henderson Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1985

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

26,877 SF

ZONING

MF2A

APN/PARCEL ID

00000155509000000

ASK ABOUT THIS PROPERTY

Aidan McClellandMatthews Real Estate Investment ServicesMore Info
972-636-5241

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Aidan McClellandMatthews Real Estate Investment ServicesMore Info
972-636-5241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.