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3811 Holland Ave 5 Unit Apartment Building $1,871,115 CAD ($374,223 CAD/Unit) 4.21% Cap Rate Dallas, TX 75219
Investment Highlights
- Great opportunity to own an updated income-producing property!
Executive Summary
Wonderful 5-unit apartment building in the thriving Oaklawn area, blocks from Highland Park, with beautiful tree lined streets and walkability plus! All units are 2 bedroom and one half bath and feature hardwoods downstairs in the living areas, Cute courtyard area with landscaping in the front and a spacious patio yard in the back off of the dining room and kitchen. An abundance of recessed lighting in the living room, natural light, kitchen off of the dining and ample parking in the front and back areas of this gated community. The bedrooms upstairs are large and have nice closet spaces and all have washers and dryers. Location location! Walk to many restaurants and shopping! This is a great income producing property, many updates have been done! Owner is a licensed agent in the State of Texas.
Property Facts
| Price | $1,871,115 CAD | Building Class | C |
| Price Per Unit | $374,223 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 5,052 SF |
| Cap Rate | 4.21% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2021 |
| Property Subtype | Apartment | Parking Ratio | 2.77/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MF2A - MF2A | ||
| Price | $1,871,115 CAD |
| Price Per Unit | $374,223 CAD |
| Sale Type | Investment |
| Cap Rate | 4.21% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,052 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2021 |
| Parking Ratio | 2.77/1,000 SF |
| Zoning | MF2A - MF2A |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Tub/Shower
- Breakfast Nook
- Built-In Bookshelves
- Patio
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | 963 - 1,200 |
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00000160393000000 | Improvements Assessment | $489,712 CAD |
| Land Assessment | $761,774 CAD | Total Assessment | $1,251,485 CAD |
Property Taxes
Parcel Number
00000160393000000
Land Assessment
$761,774 CAD
Improvements Assessment
$489,712 CAD
Total Assessment
$1,251,485 CAD
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3811 Holland Ave
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