Purchase this 194-Unit East Dallas Apartment Portfolio!
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 - 6.63Contact us for more information!
Todd Keith
Five Stream Ventures, LLC
214-395-0804