$650,000

1443 S Ewing Ave

Dallas TX, 75216

Description

This 8 unit Multifamily property located in South Dallas is currently operating at an NOI of $47,946 at a 7.38% cap rate on actuals. The property consists of 2 Bed 1 Bath units at 710 SF. 7 of 8 units are currently leased at $890, with 1 vacant unit. This is a turnkey investment in an Opportunity Zone, presenting new ownership with the opportunity to capitalize on renovated units and proven rents throughout the property. OM and all financials are in the documents tab and also on Waller Group's website.

Details

MLS#14361088
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1966
Days On Site104

Features

SQ Feet5,676
Units8
Building(s)1

Market Activity 75216

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Area Information
StateTX
CountyDallas
CityDallas
Zip Code75216
AreaDALLAS NORTH OAK CLIFF (14)
Listing VS Median (in 75216)
Price:
$650,000
low | high
Med:
$157,000
100% of Average
SqFt:
5,676
low | high
Med:
1,004
100% of Average
$ / SqFt:
$115
low | high
Med:
$156
13.446805860806% of Average
On Site:
104
low | high
Med:
99
100% of Average
Listing Updated: 09/19/2020
Logan Waller LogoMLS Number: 14361088
Listing Provided By:
Logan Waller  of  Waller Group LLC

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.