4322 Roseland Ave 10 Unit Apartment Building $5,495,000 ($549,500/Unit) 4.20% Cap Rate Dallas, TX 75204
INVESTMENT HIGHLIGHTS
- Downtown Views from Select Units
- Open Style Floor Plans
- Private Front Yards for Select Units
- Occupied units
- Private Rooftops for Each Tenant
- East Village Neighborhood of East Dallas
EXECUTIVE SUMMARY
4.75% Assumable Note !! 10 Residential Units (8 Two Bedroom Units / 2 One Bedroom Units)
Built in 2022
Downtown Views from Select Units
Open Style Floor Plans
Private Rooftops for Each Tenant
Private Front Yards for Select Units
East Village Neighborhood of East Dallas
10 Foot Ceilings
Property Management in Place
Secured Tenant Access
Stainless Steel Appliances
Secured Gated Entrance
Built in 2022
Downtown Views from Select Units
Open Style Floor Plans
Private Rooftops for Each Tenant
Private Front Yards for Select Units
East Village Neighborhood of East Dallas
10 Foot Ceilings
Property Management in Place
Secured Tenant Access
Stainless Steel Appliances
Secured Gated Entrance
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
| Price | $5,495,000 |
| Price Per Unit | $549,500 |
| Sale Type | Investment |
| Cap Rate | 4.20% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 18,108 SF |
| Average Occupancy | 90% |
| No. Stories | 4 |
| Year Built | 2022 |
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Dining Room
- Island Kitchen
- Smoke Free
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 8 | $3,400 | 1,934 |
| 1+1.5 | 2 | $2,650 | 1,318 |
1 of 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 000650000208A0000 | Improvements Assessment | $3,552,000 (2023) |
| Land Assessment | $648,000 (2023) | Total Assessment | $4,200,000 (2023) |
ZONING
| Zoning Code | Z239 (Multi fam zoning. Can be platted as condo and retailed off to end user buyers.) |
