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Henderson Flats 1820 N Garrett Ave 28 Unit Apartment Building $5,713,344 CAD ($204,048 CAD/Unit) 6.19% Cap Rate Dallas, TX 75206

Apartment Buildings Texas Dallas 1820 N Garrett Ave, Dallas, TX 75206

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INVESTMENT HIGHLIGHTS

  • Strong Value-Add Potential with ~25% Rental Upside Post-Renovation
  • Median Owner-Occupied Housing Unit Value of $704k Within the 3-Mile Radius
  • Direct Access to the 110,000+ Jobs Within a 1-Mile Radius of Dallas’ Central Business District
  • In-Unit Washer/Dryers
  • Median Household Income in Excess of $105k Within the 3-Mile Radius

EXECUTIVE SUMMARY

Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225

PROPERTY FACTS

Price $5,713,344 CAD Building Class B
Price Per Unit $204,048 CAD Lot Size 0.62 AC
Sale Type Investment Building Size 26,877 SF
Cap Rate 6.19% Average Occupancy 93%
No. Units 28 No. Stories 3
Property Type Multifamily Year Built 1985
Property Subtype Apartment Parking Ratio 1/1,000 SF
Apartment Style Low-Rise
Zoning MF2A
Price $5,713,344 CAD
Price Per Unit $204,048 CAD
Sale Type Investment
Cap Rate 6.19%
No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.62 AC
Building Size 26,877 SF
Average Occupancy 93%
No. Stories 3
Year Built 1985
Parking Ratio 1/1,000 SF
Zoning MF2A

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Hardwood Floors
  • High Speed Internet Access
  • Views

SITE AMENITIES

  • 24 Hour Access
  • Security System
  • Tenant Controlled HVAC
  • Gated
  • Trash Pickup - Curbside
  • Volleyball Court

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 28 - 610 - 675

LINKS

1 1
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 00000155509000000 Improvements Assessment $2,428,784 CAD
Land Assessment $2,085,264 CAD Total Assessment $4,514,048 CAD

PROPERTY TAXES

Parcel Number
00000155509000000
Land Assessment
$2,085,264 CAD
Improvements Assessment
$2,428,784 CAD
Total Assessment
$4,514,048 CAD
(972) 636-5241

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38357984

  • Date on Market: 2025-11-06

  • Last Updated:

  • Address: 1820 N Garrett Ave, Dallas, TX 75206

The Knox Henderson Multifamily Property at 1820 N Garrett Ave, Dallas, TX 75206 is currently available. Contact Matthews Real Estate Investment Services for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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Henderson Flats | 1820 N Garrett Ave
(972) 636-5241 x

Henderson Flats | 1820 N Garrett Ave

Aidan McClelland
(972) 636-5241

Kevin Diener
(214) 663-4236

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