4718-4722 Reiger Ave Dallas, TX 75246
- Apartment buildings
- 1 SF
Current Use by Public Records
- Apartment buildings
Property Details for 4718-4722 Reiger Ave
- Property size
- 1 SF
- Property type
- Apartment buildings
Description
This exceptional 38-unit apartment building, located at 4718-4722 Reiger Ave in Dallas, Texas, presents a compelling investment opportunity. The Class B property boasts 95% occupancy, demonstrating strong rental demand and a proven income history. Situated just three blocks from Baylor University Medical Center in the desirable 75246 zip code, this multifamily complex benefits from its proximity to Dallas's thriving business, cultural, and entertainment districts. The property's strategic location within a high-demand rental area attracts both local residents and newcomers drawn to Dallas's urban appeal. Dallas's robust economic growth, fueled by expansions in technology, finance, healthcare, and real estate, has created a booming job market and a steadily increasing population, driving high demand in the rental market. This translates to a solid return on investment (ROI) potential for investors seeking to capitalize on Dallas's sustained growth. The asking price for this income-producing asset is $5,100,000. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-performing multifamily property in one of Dallas's most dynamic neighborhoods.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.7662
- Latitude
- 32.7947
