Dallas Multifamily Investment
For Sale
$10,500,000
2315 Moser Ave, Dallas, TX 75206
64-unit apartment community in Dallas' Knox-Henderson neighborhood.
Property Size35,111 SF
Lot Size1.17 Acres
Price / SF$299.05
Days on Market211
Property Features for 2315 Moser Ave
General Information
Standard status
Active
Size
35,111 SF
Lot size
1.17 Acres
Property subtype
Multi-Family
Building Details
Year Built
1986
Listing Agency:
Perry Guest Company
Listed By:
Matthew Cassidy · License #0714494
(469) 554-0430
Source:
Christenberrygroup
Added: Mar 27
Changed: Oct 11
Last Checked: Oct 23 at 12:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Perry Guest Company
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Investment Insights
Based on property information with market context.
Moser Gardens / Greenville West is a 64-unit apartment community located in the Knox-Henderson neighborhood of Dallas, TX. This area is known for new development. The property is positioned to capture tenant demand as entry-level housing inventory tightens. Situated on over 51,000 square feet, the property consists of three garden-style buildings with pitched roofs, gated assigned parking, and an onsite leasing office. Community amenities include a resurfaced pool and controlled access. Units feature in-unit laundry, wood-burning fireplaces, walk-in closets, and private balconies. Select units have been modernized with updated kitchens and bathrooms, new flooring, and recessed lighting, enhancing long-term rental upside. The property size is 35,111 square feet.
Key Highlights
- Prime location in the highly desirable Knox‑Henderson neighborhood of Dallas.
- Strong tenant demand due to tightening entry‑level housing inventory.
- In‑unit laundry in all units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$533,898
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,677,960
$10.7M
Cap Rate 7%
$7,627,114
$7.6M
Cap Rate 9%
$5,932,200
$5.9M
Market Conditions
NOI Build-Up for 35,111 SF
Gross rent
$1.09M $30.96/SF
− Vacancy
−$116.3K −$3.31/SF
EGI
$970.7K $27.65/SF
− OpEx
−$436.8K −$12.44/SF
NOI
$533.9K $15.21/SF
Area
Dallas, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,677,960
Cap Rate 7%
$7,627,114
Cap Rate 9%
$5,932,200
Alternative Uses
Best Use
Apartment 5plus
$7.63M
$6.67M – $8.90M
NOI $533,898 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$42.13M
$36.86M – $49.15M
NOI $2,949,122 @ 7.0% cap · market cap 28.09%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,340
Businesses Nearby
Explore this area
Business Placement
Demographics for 75206, TX
40,386
Population
25,844
Households
1.6
Avg Household Size
32
Median Age
77%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
9,616
Density / Sq Mi
$88,464
Median Household Income
$69,953
Median Earnings
$1,715
Median Rent
$557,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - 64-unit apartment community in Dallas' Knox-Henderson neighborhood.
Where is this apartment building located?
The property is located at 2315 Moser Ave Dallas, TX.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Prime location in the highly desirable Knox‑Henderson neighborhood of Dallas.; Strong tenant demand due to tightening entry‑level housing inventory.; In‑unit laundry in all units.
