For Sale
$6,100,000

4314 Roseland AveDallas, TX 75204

12-Unit Value-Add Opportunity in Dallas, TX

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A, 12-unit apartment building at 4314 Roseland Avenue in Dallas, Texas, presents a compelling value-add investment opportunity. Boasting 22,572 square feet across two, four-story buildings, this new construction (2024) property offers a strong 5.41% cap rate and a current NOI of $330,000. The asking price is $6,100,000, translating to $267 per square foot. Currently operating at 83% occupancy, this property presents significant upside potential. Each unit features modern finishes, including gypcrete concrete floors, high ceilings with solid core doors, open kitchen and living room layouts with balconies, walk-in closets, stainless steel appliances (refrigerator included), and smart home technology. A full-sized garage is included with each unit. Additional amenities include tankless water heaters, 16 SEER heating and cooling systems, and the option for a Level 2 electric car charger upgrade. Situated on a 0.192-acre lot with 12 parking spaces, this property is zoned MF-2 and conveniently located just five minutes from Knox-Henderson, Lower Greenville, and Uptown Dallas. The property features 12 units and is ideally suited for an investor seeking a high-return, value-add opportunity in a prime Dallas location. The property's APN is TBD.

Highlights

  • Class A, 12-unit apartment building in Dallas, TX.
  • New construction (2024), 22,572 square feet on a 0.192-acre lot.
  • $6,100,000 asking price, $267/SF, 5.41% cap rate, $330,000 NOI, 83% occupancy.
  • Modern units with gypcrete floors, high ceilings, open layouts, balconies, walk-in closets, stainless steel appliances, and smart home technology.
  • Each unit includes a full-sized garage, tankless water heaters, and 16 SEER HVAC; Level 2 EV charger upgrade option.
  • 12 parking spaces, MF-2 zoning, 5 minutes from Knox-Henderson, Lower Greenville, and Uptown Dallas.

Property Details for 4314 Roseland Ave

Property type
Apartment buildings
Square Feet
22,572 SF
Class
A
Year Built
2024
Buildings
2
Stories
4
Lot Size (sq. ft)
8,364 SF
Units
12

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.8023337
Longitude
-96.7822978
4314 Roseland Ave, Dallas, Texas

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4314 Roseland Ave
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