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4425 Swiss Ave
Crest Manor | 100% Occupied and Value-Add · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
Crest Manor at 4425 Swiss Avenue is a 10-unit multifamily complex consisting of two two-bedroom units, six one-bedroom units, and two studios.
Value-add by modernizing the units with technology packages and contemporary finishes to attract higher-quality tenants, boosting rental income.
Thanks to its prime location and distinctive community charm, the neighborhood has seen a consistent increase in property values and rental demand.
Situated in Old East Dallas, one of the city’s most historic and lively neighborhoods, a short distance from the downtown area.
Renovations in early 2024 included updating exterior hallways, parking lot resealing, power washing, and repainting the building.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
No. Units
10
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
C
Lot Size
0.29 AC
Building Size
9,750 SF
Average Occupancy
100%
No. Stories
2
Year Built/Renovated
1916/2024
Parking Ratio
1.03/1,000 SF
Zoning
R75A
AMENITIES
UNIT AMENITIES
Hardwood Floors Tub/Shower
SITE AMENITIES
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
2+1
2
-
1,100
1+1
6
-
950 - 1,000
Studios
2
-
800
PROPERTY TAXES
Parcel Number
00000123298000000
Improvements Assessment
$810,600
Land Assessment
$374,400
Total Assessment
$1,185,000
