- 4915 REIGER: A well-located, 12-unit boutique apartment community with historic charm in the Old East Dallas submarket. Constructed in 1956 and fully renovated in 2026, the two-story property consists of one building with one-bedroom units averaging 586 SF and two-bedroom units averaging 909 SF, totaling 8,324 rentable SF. The community features open-concept floor plans, in-unit washer/dryers, individual HVAC condensers, individual water heaters, tenant self-storage building, and 20 parking spaces, providing residents with a modern and functional living experience. - LONG-TERM OWNERSHIP: 4915 Reiger has been well cared for under long-term private ownership and heavily improved by current ownership. The Property offers minimal deferred maintenance and significant operational upside within a well-established residential submarket supported by continued population growth and rental housing demand. - SIGNIFICANT CAPITAL IMPROVEMENTS: Current ownership has invested approximately $21.5K/unit in renovations over the last 24 months. Improvements include fully renovated kitchens and bathrooms, granite countertops, stainless steel appliances, luxury vinyl plank flooring, common hallway improvements, LED lighting upgrades, washer/dryer sets, water heaters, and new individual HVAC condensers, among other improvements.