Greenwich Ln Dallas, TX 75230
- Residential income homes
- 23,026 SF
Current Use by Public Records
- Residential income homes
Property Details for 0 Greenwich Ln
- Year built
- 1930
- Property size
- 23,026 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of 150 single-family homes and townhomes located throughout the Dallas-Fort Worth Metroplex and surrounding counties. Built between 1930 and 2004, these properties offer a diverse range of conditions, rated C3-C6, reflecting a mix of well-maintained and those requiring some rehabilitation. The total square footage across the portfolio is approximately 23,026 square feet, representing a compelling $2,171.45 per square foot price point. Currently vacant, this portfolio presents a unique opportunity for significant value creation. The asking price is $50,000,000, translating to $333,333.33 per unit. The seller is open to both bulk sales and individual property ("cherry-picking") transactions. Attractive owner financing options are available for bulk purchases, requiring a 20-40% down payment with interest rates dependent on buyer qualifications. Lease-purchase options are also considered. Joint venture opportunities are available for experienced investors. The seller also owns a separate land portfolio. This portfolio is zoned for single-family residences and presents a substantial investment opportunity in a thriving Texas market. The properties are currently vacant, allowing for immediate repositioning and value-add strategies. This is a rare opportunity to acquire a significant scale of properties in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.7916
- Latitude
- 32.9115
