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4001 Roseland AveDallas, TX 75204

16-unit Class A apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 16-unit Class A apartment building, The Flats at Roseland, presents a compelling investment opportunity. Completed in 2024, this brand-new development boasts a prime location in Dallas, Texas, within the desirable Old East Dallas neighborhood. The property comprises two three-story buildings situated on a spacious 13,416-acre lot, offering a total of 12,736 square feet of living space. The meticulously designed units feature a mix of studio and one-bedroom floor plans, many with outdoor yards, balconies, and access to rooftop decks providing downtown views. High-end finishes throughout include full-size washer/dryers, modern lighting, spacious open floor plans, and kitchens equipped with stainless-steel appliances, custom cabinetry, and quartz countertops. Residents enjoy the convenience of reserved and covered parking, as well as available rental storage. The property's MF2 zoning ensures future flexibility. With a strong pro-forma NOI of $246,249 and a 5.00% pro-forma cap rate, this investment offers significant potential. Its proximity to Downtown Dallas, Knox Henderson, and Lower Greenville adds to its appeal, providing residents with easy access to a vibrant urban lifestyle. This is a rare chance to acquire a newly constructed, high-quality multifamily asset in a highly sought-after Dallas location.

Highlights

  • Brand new Class A multifamily apartment building.
  • Excellent location in Old East Dallas, offering walkability and proximity to Downtown, Knox Henderson, and Lower Greenville.
  • 16 units, comprised of studios and one-bedroom floor plans, featuring high-end finishes, spacious layouts, and outdoor amenities such as yards, balconies, and rooftop decks.
  • 2 buildings, 3 stories each, totaling 12,736 square feet on a 13.416-acre lot.
  • Strong financials: $246,249 Pro-Forma NOI and a 5.00% Pro-Forma Cap Rate.
  • Reserved and covered parking, plus rental storage available.

Property Details for 4001 Roseland Ave

Property type
Apartment buildings
Square Feet
12,736 SF
Class
A
Year Built
2024
Buildings
2
Stories
3
Lot Size (sq. ft)
584,400,960 SF
Units
16

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8003063
Longitude
-96.7855441
4001 Roseland Ave, Dallas, Texas

FAQs

What type of property is this?
Apartment building - 16-unit Class A apartment building, prime location.
Where is the apartment building located?
The property is located at 4001 Roseland Ave Dallas, TX.
What are key features of this property?
This property features: Brand new Class A multifamily apartment building.; Excellent location in Old East Dallas, offering walkability and proximity to Downtown, Knox Henderson, and Lower Greenville.; 16 units, comprised of studios and one-bedroom floor plans, featuring high-end finishes, spacious layouts, and outdoor amenities such as yards, balconies, and rooftop decks.
How can I contact the broker?
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4001 Roseland Ave
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