For Sale
$5,100,000

4718-4722 Reiger Ave Dallas, TX 75246

38-Unit Apartment Building, 95% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 38-unit apartment building, located at 4718-4722 Reiger Ave in Dallas, Texas, presents a compelling investment opportunity. The Class B property boasts 95% occupancy, demonstrating strong rental demand and a proven income history. Situated just three blocks from Baylor University Medical Center in the desirable 75246 zip code, this multifamily complex benefits from its proximity to Dallas's thriving business, cultural, and entertainment districts. The property's strategic location within a high-demand rental area attracts both local residents and newcomers drawn to Dallas's urban appeal. Dallas's robust economic growth, fueled by expansions in technology, finance, healthcare, and real estate, has created a booming job market and a steadily increasing population, driving high demand in the rental market. This translates to a solid return on investment (ROI) potential for investors seeking to capitalize on Dallas's sustained growth. The asking price for this income-producing asset is $5,100,000. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-performing multifamily property in one of Dallas's most dynamic neighborhoods.

Highlights

  • 38-unit apartment building in Dallas, TX, at 4718-4722 Reiger Ave.
  • 95% occupancy, strong rental demand, and proven income history.
  • Located three blocks from Baylor University Medical Center in the desirable 75246 zip code.
  • $5,100,000 asking price.

Property Details for 4718-4722 Reiger Ave

Property type
Apartment buildings
Square Feet
1 SF
Class
B
Units
38

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7946706
Longitude
-96.7661657

FAQs

What type of property is this?
Apartment building - 38-Unit Apartment Building, 95% Occupancy
Where is the apartment building located?
The property is located at 4718-4722 Reiger Ave Dallas, TX.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: 38-unit apartment building in Dallas, TX, at 4718-4722 Reiger Ave.; 95% occupancy, strong rental demand, and proven income history.; Located three blocks from Baylor University Medical Center in the desirable 75246 zip code.
How can I contact the broker?
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4718-4722 Reiger Ave
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