740 Edgemont Ave
Dallas, TX 75216
Multifamily Property For Sale · 10 Units
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PROPERTY FACTS
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.31 AC |
Building Size | 7,223 SF |
No. Stories | 2 |
Year Built | 1967 |
ABOUT 740 EDGEMONT AVE , DALLAS, TX 75216
Matthews Real Estate Investment Services is pleased to present 740 Edgemont Ave, a 10-Unit value add multifamily asset located in Dallas, TX. 740 Edgemont is located 5 minutes away from Downtown Dallas. The property also benefits from being situated in proximity to the Dallas Zoo and I-35 E. Current ownership recently replaced the roof and windows turned multiple units and leased these units at $850, providing new ownership the opportunity to carry that momentum forward and perform a similar value add strategy on the rest of the building. Qualified investors are offered an outstanding opportunity to acquire a valued add asset located in one of the nation’s largest & fastest-growing MSA’s. • 10 Units – All 2 Bed | 1 Bath • Year Built: 1967 • 40%+ Rental Upside • New Roof & New Windows • Proven out rents at $850
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 10 | - | - |
PROPERTY TAXES
Parcel Number | 00000287698000000 | Improvements Assessment | $969,610 |
Land Assessment | $20,250 | Total Assessment | $989,860 |
ZONING
Zoning Code | Z164 |
Listing ID: 15929690
Date on Market: 5/2/2019
Last Updated:
Address: 740 Edgemont Ave, Dallas, TX 75216
The Cedar Crest Multifamily Property at 740 Edgemont Ave, Dallas, TX 75216 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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