This 12 home portfolio presents a unique opportunity to purchase a strong cash flow in a great market, near downtown Carrollton. The portfolio has tremendous walkability, just 0.7 miles to a Dart station, and even less to Downtown Carrollton. DFW has seen tremendous rent growth in the past 5 years and this portfolio falls into that trend. The Baxley Portfolio has been in high demand despite the Owner increasing rents. However, the rents are still below market levels and new Ownership could come in with a value-add strategy on a professional management play; the current Owner self-manages. The site is also located in a Neighborhood Empowerment Zone with strong development incentives.

  • MLS# 14084330
  • Sub-Type Resale
  • Status Active
  • Year 1952
  • Days On Site 49
SQ Feet 10,440
Units 12
Building(s) 12
Listing Provided By:
Logan Waller  of  Waller Group LLC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $2,400,000
794.02%
$268,450 in 75006
this listing 10,440 SqFt
411.14%
2,043 SqFt in 75006
this listing $230 $/SqFt
74.90%
$131 $/SqFt in 75006
this listing 49 on site
22.83%
63.5 on site in 75006

Location

State TX
County Dallas
City Carrollton
Zip Code 75006
Area CARROLLTON/FARMERS BRANCH AREA (22)

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