5313 Reiger Ave - Apartments FOR SALE


Dallas, TX 75214- Old East Dallas
$7,750,000 USD
214-528-9250
5313 Reiger Ave, Dallas, TX for Sale
$7,750,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

5313 Reiger Ave
Dallas, TX 75214
Old East Dallas


HIGHLIGHTS

  • New Construction
  • Luxury Finishes
  • Lakewood/Lower Greenville Submarket

OVERVIEW

Introducing The Reiger, a newly constructed, boutique 26-unit multifamily community ideally positioned in one of East Dallas’ most dynamic and walkable neighborhoods—just outside the Junius Heights Historic District. This best-in-class asset combines modern design, efficient unit layouts, and a highly desirable lifestyle location that continues to see strong demand from renters seeking proximity, character, and convenience. The property is minutes from Lower Greenville and the Henderson Avenue corridor, offering a growing mix of dining, retail, and entertainment options. Lakewood is just a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and numerous neighborhood favorites providing daily conveniences and destination experiences alike. Designed as a high-end multifamily offering, The Reiger appeals to today’s renter profile seeking modern finishes, new construction quality, and a prime East Dallas address—positioning the asset for strong leasing performance and long-term value appreciation.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/SF

$527 USD /SF

# OF UNITS

26

PRICE/UNIT

$298,077

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Reiger

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,600 SF

ZONING

MF-2

APN/PARCEL ID

00000156685000000,00000156688000000

ASK ABOUT THIS PROPERTY

Harris ArnhartPerry Guest CompanyMore Info
214-528-9250

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Harris ArnhartPerry Guest CompanyMore Info
214-528-9250

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