817-863-8171
708 N Marsalis Ave, Dallas, TX for Sale
Apartments - FOR SALE
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708 N Marsalis Ave
Dallas, TX 75203
Lake Cliff


OVERVIEW

Saint Francis Apartments is a 20 unit, classic courtyard-style community located on North Marsalis Avenue in the rapidly evolving North Oak Cliff neighborhood of Dallas. The property sits just one block from Lake Cliff Park, a historic and scenic urban green space featuring a tranquil lake, recreational amenities, and sweeping views of the Dallas skyline. Owned and operated by the same family for more than 25 years, Saint Francis presents a compelling opportunity for new ownership to enhance value through both physical improvements and operational efficiencies. Additionally, the property is situated within a designated Opportunity Zone. This designation allows investors to reinvest capital gains into a Qualified Opportunity Fund (QOF), providing the potential to defer taxes on those gains by improving the property. Contact agent for financials and pricing.

FOR SALE DETAILS

PRICE

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# OF UNITS

20

CAP RATE

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% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

MF2A

APN/PARCEL ID

00000249319000000

ASK ABOUT THIS PROPERTY

Dylan YorkColonial Commercial Real Estate, LLCMore Info
817-863-8171

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Dylan YorkColonial Commercial Real Estate, LLCMore Info
817-863-8171

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