Exceptional portfolio opportunity to acquire a newly constructed 16-unit condo community in a highly walkable Dallas location just one block from nightlife, dining, and entertainment. The property is delivered fully vacant and rent-ready, offering a rare opportunity to lease at current market rates with no deferred maintenance and no existing tenants.
The unit mix includes studios, one-bedroom, and two-bedroom residences, ranging from 280- 1,041 SF. This flexible mix supports a variety of rental strategies, including long-term and mid-term rentals, with additional uses subject to city guidelines. (No HOA restrictions) Individual unit values range from $120,000–$349,000, with an average price per unit of approximately $207,000.
Ideal for investors seeking multiple exit options, including portfolio hold, refinance after stabilization, or future individual condo sales. Located in a strong demand submarket with proximity to lifestyle amenities, nightlife, and Downtown Dallas.
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Listing Snapshot
Price
$3,318,000
Days On Site
11 Days
Bedrooms
18
Inside Area (SqFt)
3,040 sqft
Total Baths
16
Full Baths
16
Partial Baths
N/A
Lot Size
0.121 Acres
Year Built
1925
MLS® Number
21137128
Status
Active
Property Tax
$15,749
HOA/Condo/Coop Fees
$200 monthly
Sq Ft Source
Public Records
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