972-379-9862
4025 Mather Ct, Dallas, TX for Sale
Apartments - FOR SALE
1/20
null | Request Cap Rate

4025 Mather Ct
Dallas, TX 75211
Mountain View


HIGHLIGHTS

  • 120,000+ Residents & $59,000+ Median Household Income within a 3-Mile Radius (Yardi)
  • Owned and Self-Managed for 19 Years
  • Average Rents are $600-$875/Month, while Comparables are Renting for Approx. $1,100/Month
  • The Roof is Less than 6 Years Old
  • Dallas Greenlights $1.25B Bond Package with Nearly 830 Projects, Many Benefiting the Oak Cliff Community
  • U.S. Census Bureau Estimates that Dallas’ Population Increased by 487 People per Day Between 2023-2024 (Dallas Business Journal)

OVERVIEW

The Multifamily Group is pleased to present the exclusive offering of the Mather Ct 5Plex in Dallas, Texas. Constructed in 1942, the property comprises four units within a single structure each 725-745 SF, as well as an additional unit from a garage conversion that is 480 SF. Every unit has one-bedroom and one-bathroom. The roof is less than 6 years old, the wiring is copper, and the sewer line is cast iron/water is copper. Located in the culturally rich Oak Cliff area, known for its diverse community and proximity to downtown Dallas. The median household income in a 3-mile radius is approximately $59,000, with a population of around 120,000 residents (Yardi). The demand for affordable housing in the area presents a promising prospect for future rental income. The property is being offered free and clear of existing debt.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

5

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mather Ct 5Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,843 SF

ZONING

Z164

APN/PARCEL ID

00000348256000000

ASK ABOUT THIS PROPERTY

Chase DavisThe Multifamily GroupMore Info
972-379-9862

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Chase DavisThe Multifamily GroupMore Info
972-379-9862

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