469-534-2350
5420, 5428, & 5510 Lakeview Pky, Rowlett, TX for Sale
Apartments - FOR SALE
1/3
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5420, 5428, & 5510 Lakeview Pky
Rowlett, TX 75088


OVERVIEW

Great investment opportunity in the rapidly growing lakeside suburb of Rowlett, justminutes from Dallas. This 21-unit condo community offers a unique combination of strong current cash flow and significant upside potential. Key Features High Occupancy: 100% occupied, with tenants averaging a 7+ year length of stay, demonstrating strong demand and tenant satisfaction. Spacious Units: Each condo features large floor plans, private patios or balconies, fireplaces, and full-size washer/dryer connections, catering to modern tenant needs. Value-Add Potential: Current rents are below market, providing an excellent opportunity to increase cash flow and achieve substantial equity growth. Desirable Location: Located in a sought-after community near Lake Ray Hubbard, with easy access to local amenities, parks, and transportation.

FOR SALE DETAILS

PRICE

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# OF UNITS

21

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

Z339

APN/PARCEL ID

44C82050000A05406

ASK ABOUT THIS PROPERTY

Bethany WilliamsRidge Pointe Commercial Real EstateMore Info
469-534-2350

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Bethany WilliamsRidge Pointe Commercial Real EstateMore Info
469-534-2350

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