This Multifamily Property is no longer advertised on LoopNet.com.
3200 Thomas Ave
AUCTION 6/3-6/5 · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
Execute a condo conversion strategy in a prime location for lofty resale values
Synergies with top employers & popular retail options nearby – desirability proven by strong institutional attention
Within walking distance of popular dining, retail, and recreation options in and around State Thomas (The Standard Pour, White Rhino Coffee.
Operate high-end apartments in one of Dallas’ most sought-after neighborhoods amongst tenants and investors alike
Neighboring national apartment owners (MAA, DWS / RREEF, Principal Financial Group, Nuveen, Gables, CWS)
Total Population of 41,974 within 1-mile radius, and Workday Population of 109,080 within 1-mile radius
PROPERTY FACTS
No. Units
12
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Townhome
Building Class
B
Lot Size
0.37 AC
Building Size
36,698 SF
Average Occupancy
0%
No. Stories
4
Year Built
2007
UNIT AMENITIES
Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
3+3.5
11
-
2,895 - 3,027
4+4.5
1
-
3,940
PROPERTY TAXES
Parcel Number
000587000T01A0000
Improvements Assessment
$2,395,000
Land Assessment
$1,630,000
Total Assessment
$4,025,000
