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