3627 Almazan Dr - Apartments FOR SALE
Dallas, TX 75220 |
3627 Almazan Dr
Dallas, TX 75220
HIGHLIGHTS
- Extensive amount of CapEx completed eliminating the "heavy lifting", while still delivering meaningful upside for new Ownership
- The Sellers renovated seven units resulting in significant rent increases allowing for the Buyer to capture the remaining upside with proven increases
- The Sellers removed low quality tenants which allows new Ownership to immediately raise rents without evicting Tenants or waiting for them to roll
- Opportunity to implement on-site laundry as either an amenity or a revenue source
- Well located asset within a market that delivers extremely strong fundamentals
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Brioso Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
75420
STORIES
2
YEAR BUILT
1962
PARKING SPACES
94
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
00000524086000000
