972-379-9862
4509 Live Oak St, Dallas, TX for Sale
Apartments - FOR SALE
1/11
null | Request Cap Rate

4509 Live Oak St
Dallas, TX 75204
Knox Henderson


HIGHLIGHTS

  • In-Place T-12 Cap Rate North of 10% with Average Rents at $1,749
  • Individual HVACs
  • Brand New Gas Boiler with Newly Updated PVC Plumbing
  • $95,000+ Median HH Income in a 3-Mile Radius*
  • Eligible for Enrollment in Highland Park ISD
  • 14,000+ Vehicles Passing per Day on Live Oak Street

OVERVIEW

Summary: The Multifamily Group is pleased to present the exclusive offering of Lago Del Mar, an all-bills-paid, 18 unit community located in Dallas, Texas. Built in 1961, the property features 335-square-foot efficiencies and is currently 89% occupied, with only two vacancies. Approximately 80% of the current residents receive housing assistance. The asset is being offered free and clear of existing debt. Location: Lago Del Mar is located in the heart of Old East Dallas, just minutes from Uptown, Downtown, and the bustling Knox/Henderson corridor. Residents enjoy easy access to the Katy Trail, local parks, and a vibrant dining and nightlife scene along Henderson and Greenville Avenues. With close pro

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

18

CAP RATE

Request Cap Rate

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lago Del Mar

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

MF2A

APN/PARCEL ID

00000122692000000

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.