Multifamily Opportunity for Holding

Dallas, Texas
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Multifamily Opportunity for Holding

https://www.5705liveoak.com/
Diego Trujillo
Developer · Dallas · Member since 2024 · 14 posts · 1 vote

I want a professional opion on this townhomes that I am building, Looking to offer to a holding company or investors 1031 Exchange. 

5705 Live Oak Townhomes – Dallas, TX 75206

📍 Project Snapshot

  • Location: East Dallas / Lower Greenville Corridor

  • Project: 4 New Luxury Townhomes

  • Status: ~55–60% Complete (Delivery [Insert Date])

  • Pricing: $2,250,000 Total Package

    • 2 Corner Units @ $575K

    • 2 Interior Units @ $550K

🏡 Property Details

  • 1,400 SF Living Area / Unit

  • 3 Stories w/ Rooftop Terrace

  • 2 Bedrooms / 2.5 Bathrooms

  • Private 2-Car Garage + Patio

  • Quartz Counters • Stainless Appliances • Spray Foam Insulation

  • Builder’s 1-2-10 Warranty

📊 Investment Highlights

  • Projected Rent / Unit: $3,650–$3,800

  • Annual Gross Income: ~$175,200

  • Estimated NOI: ~$88,100

  • Cap Rate: ~3.9–4.3%

  • Renter Market: 71% of households in 75206

  • Tenant Base: Young professionals, SMU staff/students, medical professionals

🌆 Location Advantage

  • Walk Score: ~82 (Very Walkable)

  • Bike Score: ~72 • Transit Score: ~62

  • 5–10 mins to SMU, Baylor Medical, Uptown, Downtown

  • Surrounded by dining, retail, nightlife in Lower Greenville & Knox/Henderson

✅ Investor Benefits

  • Bulk portfolio acquisition (4 turnkey units)

  • Prime infill neighborhood with limited new supply

  • Strong rental upside & appreciation potential

  • Low-maintenance, energy-efficient design
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  • Ebonie Beaco
    Lender · Chicago, IL · Member since 2025 · 204 posts · 101 votes
    10mo

    The opportunity checks several boxes that matter to both long-term buy-and-hold investors and 1031 Exchange buyers: new construction, strong tenant base, limited competing inventory, and a location that consistently attracts high-income renters. East Dallas, especially around Lower Greenville and Knox/Henderson, has seen steady rent growth, low vacancy rates, and significant demand from young professionals and medical staff—exactly the demographic this product appeals to.

    At ~$2.25M for all four units, the pricing is competitive for new luxury townhomes in a dense infill neighborhood where land and construction costs continue to rise. The projected rents at $3,650–$3,800 per unit fall in line with current Class A lease-up trends in 75206. With an estimated NOI around $88K and a cap rate between 3.9–4.3%, this aligns with what most 1031 buyers are seeing in newer construction assets in strong urban submarkets. While Dallas cap rates remain compressed, the trade-off is improved tenant stability, lower operating expenses, and predictable maintenance due to the 1-2-10 builder warranty and energy-efficient systems like spray foam insulation.

    The 1,400 sq ft floor plan, rooftop terrace, two-car garage, and three-story layout are all features that command premium rents. The 71% renter ratio in this ZIP code supports a deep tenant pool, and proximity to SMU, Baylor Medical, Uptown, and Downtown provides multiple demand drivers rather than relying on a single employment base.

    This would appeal to:

    • 1031 Exchange buyers seeking a low-maintenance replacement asset

    • Holding companies looking to acquire multiple doors in one transaction

    • Investors who want new construction product with minimal CapEx in the early years

    • Anyone focused on long-term appreciation in a walkable, high-demand submarket

    If marketed correctly, the combination of new construction, luxury finishes, infill location, and a strong renter demographic should position this as an attractive portfolio acquisition. The biggest selling points are the turnkey nature, the lack of upcoming maintenance, and the ability to secure four income-producing assets in one closing.


    Take the time and do prepare the following:

    • A full investor offering memorandum (professional OM)

    • A one-page sell sheet you can send to 1031 buyers

    • A BiggerPockets post to attract investor attention

    • A cold outreach email to holding companies or family offices

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