Purchase this 194-Unit East Dallas Apartment Portfolio!

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Purchase this 194-Unit East Dallas Apartment Portfolio!

Real Estate Investor · Dallas, TX · Member since 2011 · 530 posts · 48 votes

Five Stream Ventures, LLC would like to present you with the opportunity to purchase this 194 Unit East Dallas Apartment Package! Purchase the entire portfolio or as designated below.

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Widget Way, El Octillo, and Villa D'Oro - 60 total Units (to be purchased as a three-complex package)

Widget Way - 12 units

El Octillo - 14 units Villa D'Oro - 34 Units

Three-Complex Package Purchase Price - $4,460,000

Location - 4823, 4815, and 4810 Gaston Ave., Dallas, TX Occupancy - 91.7% NOI - $305,185 Gross - $565,127 Cap Rate - 6.84 --------------------------------------------------------------------------------------------------------------------------------------------------

Casa Tremont, Parkmore, and two adjacent lots- 46 total units (to be purchased as a two-complex package)

Casa Tremont - 14 units Parkmore - 32 Units Two Lots by Parkmore

Two-Complex Package Purchase Price - $3,337,000 (including two adjacent lots)

Location - 4700-09 Tremont, Dallas, TX 75246 Occupancy - 97.83% NOI - $238,780 Gross - $409,808 Cap Rate - 7.1 ------------------------------------------------------------------------------------------------------------------------------------------

Foxhill Villa - 24 Units


Purchase Price: $1,962,000

Address: 5106 Live Oak St., Dallas, TX 75206 Occupancy Rate: 96% Units: 24 NOI: $124,390 Gross: $213,788 Cap Rate: 6.29 ------------------------------------------------------------------------------------------------------------------------------------------

El Caro, Emerald Isle, Hilton, Montclair, plus two vacant lots - 54 total units (49 permitted, 53 income-producing, 1 is occupied by property mgr.) (to be purchased as a 4-complex package)


El Caro - 12 units

Vacant Lot By El Caro

Emerald Isle - 19 units Hilton - 11 Units Vacant Lot By Hilton Montclair - 12 Units

Four-Complex Package Purchase Price - $4,260,250 (including the two lots)

Location - Reiger Ave., Dallas, TX (all complexes are located on Reiger Ave.) Occupancy - 94% NOI - $268,865 Gross - $468,130 Cap Rate - 6.3% ------------------------------------------------------------------------------------------------------------------------------------------

Astor - 10 units


Location 4734 Worth St., Dallas, TX 75246

Purchase price: $675,000 (additional financials coming soon) ------------------------------------------------------------------------------------------------------------------------------------------ CUMULATIVE PACKAGE PURCHASE Total 194-Unit Portfolio Purchase Price - $14,694,250 Avg Occupancy - 94.88% Total NOI - $937,220 Total Gross - $1,656,853 Avg Cap Rate - 6.63

Contact us for more information!

Todd Keith

Five Stream Ventures, LLC

214-395-0804

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