5722 Gaston Ave

Dallas, TX 75214
  • $1,450,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 8,785

    SqFt

About the Listing GSFR01 - 0680452

Lakewood offers the opportunity to acquire a 12-unit apartment community that has been thoughtfully maintained by the same private owner for nearly a decade. Throughout the ownership period, the property has undergone a series of meaningful capital improvements designed to enhance both its physical condition and operational efficiency. Ownership has invested more than $226k into the asset, including the conversion of all units to central HVAC, individual utility metering, plumbing upgrades, a new central water heater, interior renovations, landscape improvements, and a new perimeter security gate. Additionally, the roof was replaced in 2020, further reducing future capital requirements for a new owner. Collectively, these improvements have addressed many of the major building systems that investors typically evaluate when acquiring a vintage apartment community. The community offers a mix of 1 and 2 bedroom units, with effective rents averaging $1,072. Please see OM in Transaction Desk and contact agent specified in notes section for questions, access to financials and tours.

Listing Highlights

Status Active
Days on Site 39
Property Type Multi-Family
MLS ® 21324260
Year Built 1958
Total Square Footage 8,785
Lot/Acreage 0.32
County Dallas
School District Dallas ISD
Elementary School Lipscomb
Middle School Long
High School Woodrow Wilson

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Air Cond: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces:
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Cable TV Available,Granite Counters,High Speed Internet Available
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 11
  • Roof: Asphalt
  • Others: Preowned
  • Sewer:
  • Parking Features: Asphalt,On Site

Financial Details

  • Tax Amount: $29,393
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 00000182029000000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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% Down Payment
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Questions About..

5722 Gaston Ave Dallas, TX 75214

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Amy Downs

Expansion Partner | Team Leader | ADT Property Partners | DHS Realty

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