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About the Listing CMPS04 - 0657985
A rare opportunity to acquire a fully renovated 16-unit condominium portfolio one block from Bishop Avenue, one of Dallas's most active dining and entertainment corridors. The portfolio spans 4 buildings and delivers 9 leased units with in-place income at closing, with the remaining 7 units rent-ready and actively being leased at current market rates. No deferred maintenance. No renovation timeline. The heavy lifting is done. The unit mix includes studios, one-bedroom, and two-bedroom residences, individually metered for utilities with tankless water heaters throughout. The flexible unit mix supports long-term and mid-term rental strategies, with additional uses subject to city guidelines. With stabilized pro forma gross income of $247,200 annually and a location that continues to benefit from Dallas's urban core demand, this portfolio is positioned for an investor seeking immediate cash flow with a clear path to full stabilization.
Listing Highlights
Interior Details
- Bedrooms: 18
- Bathrooms: 16 Full
- Appliances: Dishwasher, Electric Oven, Refrigerator
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Multiple Staircases,Open Floorplan,Walk-In Closet(s)
- Water:
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 10
- Roof: Composition,Shingle
- Others: Preowned
- Sewer:
- Parking Features: Common,No Garage,On Street,Parking Lot,Parking Pad,Paved
Financial Details
- Tax Amount: $15,749
- Taxes w/Assessments: N/A
- Tax/Property ID: 00000255319000000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
435 W 9th St Dallas, TX 75208
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