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Seller financing available up to 50% of the purchase price at 5% balloon 5 year note. This is a wonderful value-add investment opportunity featuring 20 tenant-occupied units in a gated complex with pool. On-site laundry room (currently not in use) is located in the middle of the property. Complex is located in a re-gentrifying part of Dallas, close to freeways, and walking distance to retail. Photos are of the 1 bedroom, 1 bathroom unit #303. Currently the property is a condominium complex and the HOA is being kept active. The property is being sold in its entirety with all 20 units and common areas so a potential buyer can continue to operate as a condominium complex allowing to flexibility to sell units individually, or convert to a traditional apartment operation. Each unit is separately metered for electric and has separate HVAC units. There is a common water meter and common boiler. Extensive repairs are needed to the property and a detailed inspection report and bid is available
Nearby Schools
AllenElementary School
MedranoMiddle School
JeffersonHigh School

Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 1st October, 2023 5:46 PM (UTC)
Listing Agent: William Butler
Listing Office: Butler Property Company