972-772-6025
4112-4114 Junius St, Dallas, TX for Sale
Apartments - FOR SALE
1/26
null | 6.5% Cap Rate

4112-4114 Junius St
Dallas, TX 75246
Old East Dallas


HIGHLIGHTS

  • 4,284 SF Investment Sale
  • Four MF Units, Fully Leased
  • ±6.50% Cap Rate
  • Month-to-Month Leases
  • Residential Dense Area

OVERVIEW

This 4,284 square-foot, fully leased four-plex presents an excellent investment opportunity with an estimated 6.50% cap rate, based on month-to-month leases with normalized rents. The property has been extensively renovated, including updates to the electrical system (four meters), plumbing (one water meter), roof, foundation, and central HVAC. Interior improvements feature new cabinetry, millwork, flooring, and windows. Additionally, the property includes a tiny home at the rear, which can serve as an office, and a three-car garage for tenants. Strategically located just off Interstate 30, the property is situated in a densely residential area near Baylor Scott & White Hospital and various retail establishments. Please note that showings will be permitted only after the property is under contract. The landlord conducts monthly inspections to ensure proper maintenance of each unit. For more information, please contact Ross Miller.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

4

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Z239

APN/PARCEL ID

00000125065000000

ASK ABOUT THIS PROPERTY

Danny PerezM&D Commercial GroupMore Info
972-772-6025

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

Danny PerezM&D Commercial GroupMore Info
972-772-6025

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