469-554-0430
4919 Belmont Ave, Dallas, TX for Sale
Apartments - FOR SALE
1/22
null | Request Cap Rate

4919 Belmont Ave
Dallas, TX 75206
Knox Henderson


HIGHLIGHTS

  • Value Add
  • Prime Location
  • 80's Product

OVERVIEW

Sitting on 20,000 of land, 4919 Belmont is a 24 unit multi family building located at the very hot submarket in Knox Henderson Dallas, TX. Walking distance to all the shops and restaurants Henderson Ave has to offer, the property features 24 spacious units that were constructed in 1985. Building amenities include outdoor balconies, on-site parking, a resort like pool with tables and chairs, on site maintenance, and gated access. Value Add Play – The units are under market rents for the area and implementing a light value add strategy would increase rents $100-$250 a month per unit. This area has seen an influx of new Class A development where rents are double of Class B. Therefore, Class B/C options have a pricing advantage and affordability advantage.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

24

CAP RATE

Request Cap Rate

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Belmont

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1985

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

MF 2 - Dallas

APN/PARCEL ID

00000192505000000

ASK ABOUT THIS PROPERTY

Matteo FaethDallas Property AdvisorsMore Info
469-554-0430

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Matteo FaethDallas Property AdvisorsMore Info
469-554-0430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.