Apartment building, Dallas, USA

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Apartment building, Dallas, USA

2,500,000 $
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Total area: 2,448 m² Yield: 9.5% Built in 1965
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Features
  • Operating Incomе: 191,207 €
  • Land area: 3,952 m²

Residential complex in the center of Dallas.

Description

The complex consists of 8 one-bedroom and 42 two-bedroom apartments.

The building was built in 1965.

Financial performance

The cost of the property is $ 2,500,000.

Absolute annual income after deducting all expenses is $ 237,357.

The current net yield of 9.5%.

Location and nearby objects

The property is located in the central part of the city in a walking distance from the public transport. A school, grocery stores, a bank, a post office and a pharmacy are situated not far from the building. The Fair Park and the Dallas Central Business District can be reached in a few minutes.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
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