707 W Commerce St - Apartments FOR SALE


Dallas, TX 75208- La Bajada/Trinity Groves
$4,695,000 USD
214-874-0902
707 W Commerce St, Dallas, TX for Sale
$4,695,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

707 W Commerce St
Dallas, TX 75208
La Bajada/Trinity Groves


HIGHLIGHTS

  • Value-Add
  • Redevelopment
  • Rental or Sale
  • Amenities are of Modern Design

OVERVIEW

707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units. With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernized systems, and upgraded amenities designed to meet the expectations of today’s urban renter or homeowner. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.

FOR SALE DETAILS

PRICE

$4,695,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

16

PRICE/UNIT

$293,438

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

707 Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,461 SF

ZONING

-

APN/PARCEL ID

004004000A0010000,004004000A0020000,004004000A0030000,004004000A0040000,004004000A0050000,004004000A0060000,004004000A0070000,004004000A0080000,004004000A0090000,004004000A0100000,004004000A0110000,004004000A0120000,004004000A0130000,004004000A0140000,004004000A0150000,004004000A0160000,004004000A0CA0A00

ASK ABOUT THIS PROPERTY

Rick ScheurerCMS Strategic PartnersMore Info
214-874-0902

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Rick ScheurerCMS Strategic PartnersMore Info
214-874-0902

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