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
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.
