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740 Edgemont Ave
Dallas, TX 75216

Multifamily Property For Sale · 10 Units

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

ZONING

Zoning Code Z164
  • Listing ID: 15929690

  • Date on Market: 5/2/2019

  • Last Updated:

  • Address: 740 Edgemont Ave, Dallas, TX 75216