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Chetan Tandon
  • Investor
  • Fort Lauderdale, FL
7
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250
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Deals! Deals! Deals!

Chetan Tandon
  • Investor
  • Fort Lauderdale, FL
Posted Jan 20 2015, 08:49

Here's is new off market MFH:

24 Unit Multi-family

$411,500 Equity

4300 Junius St
Dallas, Texas 75246
Part Of Town: Northeast Downtown

Est. (ARV):
$1,900,000

Asking Price:
$1,138,500

Estimated Cost of Repairs:
$350,000

Profit Potential of:
$411,500

How Seller Determined ARV: Similar properties for sale and sold, both off and on Market.

About Property
3 buildings with total of 24 units made up of 16 studios, 4 - two bed two bath, and 4 one bed and one bath.

About Repairs
8 studios are almost rent ready and the other 16 units are in studs and need complete renovations.

Miscellaneous
Cash or hard money only.

One building is near completion and near rentable with remodeled units and could generate income while completing other units. (Separate electric meters. Individual central heat and air units. Paved rear parking. After rehab, should produce an excellent cash flow in an excellent area!

Approx 15,150 Net Rentable Sq.Ft. Should be able to rent@$1.00Sq.Ft.avg. currently.

East Dallas. Just Northeast of Downtown Dallas. 1 block East of Gaston Ave. at the intersection of Peak St.

Thanks!
To make an offer or like to see other properties please email at [email protected]

Offering

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