512 N Lancaster Ave - Apartments FOR SALE


Dallas, TX 75203- Lake Cliff
$3,450,000 USD
469-805-7067
512 N Lancaster Ave, Dallas, TX for Sale
$3,450,000 USD
Apartments - FOR SALE
1/35
null | 6% Cap Rate

512 N Lancaster Ave
Dallas, TX 75203
Lake Cliff


HIGHLIGHTS

  • Fully Leased
  • New Construction
  • High Cap Rate

OVERVIEW

FULLY LEASED , 7 TOWNHOMES, HIGH CAP RATE PROJECT IN GROWING WELL KNOWN BISHOP AREA, DESIGNER STYLE WITH INTERIOR AND EXTERIOR LUXURY SPECS! EACH TOWNHOMES HAS 3 BEDS, DEDICATED OFFICE SPACE AND ROOFTOP. Welcome to Lancaster Townhomes, designed with a sleek farmhouse-style exterior and modern interior finishes. This 1,980 sq ft townhome exemplifies luxury living, featuring 3 bedrooms, 3.5 bathrooms, a dedicated office space, and a rooftop deck. Inside, you’ll find thoughtfully designed interiors with high end finishes, including engineered wood flooring throughout, custom built in cabinets in the bedrooms, European style kitchen cabinets, quartz countertops, and an accent wall around the TV in the living room. The open floor plan, combined with taller doors and bigger windows creates a spacious and relaxing atmosphere. Step outside to a private rooftop deck with stunning views of the city skyline. The home also offers large closets and a 2-car garage, providing ample storage space. Situated in a prime location, this townhome is close to the popular Bishop Arts District, downtown Dallas, the Farmers Market, Deep Ellum, and other local attractions.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

7

PRICE/UNIT

$492,857

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FULLY LEASED, HIGH CAP RATE, 7 UNITS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MF

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Fahri OlgunCompass RE Texas LLCMore Info
469-805-7067

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Fahri OlgunCompass RE Texas LLCMore Info
469-805-7067

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