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220 Lancaster AveDallas, TX 75203

115-Unit Apartment Complex, 73,348 SF

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional multifamily investment opportunity encompasses a substantial 115-unit apartment complex strategically located in Dallas, Texas, within Dallas County, at 220 S. Marsalis Ave. & 211, 217, 225 S. Lancaster Ave., zip code 75203. The property sits on a sizable 2.6-acre lot and boasts a total building area of approximately 73,348 square feet. The complex is zoned PD 468 (WMU-12), offering potential for various development or expansion options. This established property presents a compelling investment prospect due to its significant scale, prime location, and substantial unit count. The property's size and unit density make it an attractive option for investors seeking a substantial return on investment in the Dallas market. Detailed financial information and operational data are available upon request. This is a rare opportunity to acquire a well-established multifamily property in a thriving Texas market. Serious inquiries only.

Highlights

  • 2.6-acre land parcel.
  • 73,348 square foot building.
  • 115 apartment units.

Property Details for 220 Lancaster Ave

Property type
Apartment buildings
Square Feet
73,348 SF
Lot Size (sq. ft)
113,256 SF
Units
115

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7457538
Longitude
-96.8144582
220 Lancaster Ave, Dallas, Texas

FAQs

What type of property is this?
Apartment building - 115-Unit Apartment Complex, 73,348 SF
Where is the apartment building located?
The property is located at 220 Lancaster Ave Dallas, TX.
What are key features of this property?
This property features: 2.6-acre land parcel.; 73,348 square foot building.; 115 apartment units.
How can I contact the broker?
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220 Lancaster Ave
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