Paragon Apartments | 4718-4722 Reiger Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Paragon Apartments 4718-4722 Reiger Ave
38 Unit Apartment Building $5,100,000 ($134,211/Unit) Dallas, TX 75246
Executive Summary
Introducing Paragon Apartments, a rare opportunity to invest in a prime multifamily complex located in the vibrant heart of Dallas. This 38-unit income-producing property is strategically situated at 4718-4722 Reiger Ave, offering unbeatable accessibility to Dallas’s thriving business, cultural, and entertainment hubs.
95% Occupancy, Situated in a high-demand rental area, attracting both local residents and newcomers seeking Dallas’s urban appeal. Proven income history with solid ROI potential for investors.
Dallas has experienced significant growth over recent years, establishing itself as a powerhouse in both economic development and residential appeal. With a steady population increase and a booming job market, Dallas ranks as one of the top metro areas for business and employment growth, fueled by expansions in technology, finance, healthcare, and real estate sectors. This trend has driven high demand in the rental market, making properties like Paragon Apartments exceptionally valuable for investors looking to capitalize on Dallas's sustained growth.
Whether you're expanding your portfolio or looking for a secure, income-generating asset, Paragon Apartments is an opportunity you don’t want to miss!
95% Occupancy, Situated in a high-demand rental area, attracting both local residents and newcomers seeking Dallas’s urban appeal. Proven income history with solid ROI potential for investors.
Dallas has experienced significant growth over recent years, establishing itself as a powerhouse in both economic development and residential appeal. With a steady population increase and a booming job market, Dallas ranks as one of the top metro areas for business and employment growth, fueled by expansions in technology, finance, healthcare, and real estate sectors. This trend has driven high demand in the rental market, making properties like Paragon Apartments exceptionally valuable for investors looking to capitalize on Dallas's sustained growth.
Whether you're expanding your portfolio or looking for a secure, income-generating asset, Paragon Apartments is an opportunity you don’t want to miss!
Property Facts
Price | $5,100,000 | Building Class | B |
Price Per Unit | $134,211 | Lot Size | 1.01 AC |
Sale Type | Investment | Building Size | 26,442 SF |
No. Units | 38 | Average Occupancy | 92% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built/Renovated | 1959/2017 |
Apartment Style | Low Rise | Parking Ratio | 1.79/1,000 SF |
Price | $5,100,000 |
Price Per Unit | $134,211 |
Sale Type | Investment |
No. Units | 38 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 1.01 AC |
Building Size | 26,442 SF |
Average Occupancy | 92% |
No. Stories | 2 |
Year Built/Renovated | 1959/2017 |
Parking Ratio | 1.79/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Smoke Free
Site Amenities
- Courtyard
- Laundry Facilities
- Gated
- Grill
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 9 | - | 242 - 343 |
1+1 | 9 | - | 528 - 675 |
2+1 | 6 | - | 750 - 810 |
2+2 | 6 | - | 810 - 926 |
3+2 | 8 | - | 1,053 - 1,061 |
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $3,803,120 | |
Land Assessment | $1,096,880 | Total Assessment | $4,900,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,096,880
Improvements Assessment
$3,803,120
Total Assessment
$4,900,000
zoning
Zoning Code | MFR (Commercial) |
MFR (Commercial) |
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Paragon Apartments | 4718-4722 Reiger Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.