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Dallas Multifamily Property with Amenities
For Sale
$24,000,000

4271 Altoona Drive, Dallas, TX 75233

184-unit apartment community with recent renovations and desirable amenities.

Lot Size8.90 Acres
Days on Market116

Property Features for 4271 Altoona Drive

General Information

Standard status Active
Lot size 8.90 Acres
Property subtype Multifamily

Building Details

Year Built 1983
Listing Agency:
Listed By: Scott Henderson
Source: Svntrinity
Added: Apr 7 Changed: Jul 10 Last Checked: Jul 30 at 4:58AM

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 Scott Henderson

Investment Insights

Based on property information with market context.

Tesoro at 12 is an apartment community located in the South Oak Cliff area of Dallas. Constructed in 1983 and renovated in early 2022, the property consists of 184 units within 20 buildings. The average unit size is approximately 981 square feet. The property is situated on approximately 8.9 acres and features pitched composition shingle roofs. Community amenities include two swimming pools, a fitness center, a business center, and a clubhouse. Parking is provided with 375 to 396 spaces at grade level. Units are equipped with fireplaces, washer/dryer hookups, private patios or balconies, and microwaves. Standard finishes are present throughout the units. The property caters to families and long-term renters.

Key Highlights

  • Renovated in early 2022
  • Larger than average unit size (981 sq ft) compared to competing properties
  • Enjoy two swimming pools

Property Analytics

Current Use

Tesoro at 12 Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Kitchen & Bath Showroom Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

Demographics for 75233, TX

15,104
Population
4,970
Households
3
Avg Household Size
33
Median Age
20%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
4,196
Density / Sq Mi
$54,635
Median Household Income
$34,816
Median Earnings
$1,292
Median Rent
$249,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 184-unit apartment community with recent renovations and desirable amenities.
Where is this apartment building located?
The property is located at 4271 Altoona Drive Dallas, TX.
What is the asking price?
The asking price for this property is $24,000,000.
What are key features of this property?
This property features: Renovated in early 2022; Larger than average unit size (981 sq ft) compared to competing properties; Enjoy **two swimming pools**
More about this property
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