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
