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The Reiger 5313 Reiger Ave 26 Unit Apartment Building $10,542,480 CAD ($405,480 CAD/Unit) Dallas, TX 75214
Investment Highlights
- New Construction
- Lakewood/Lower Greenville Submarket
- Luxury Finishes
Executive Summary
Introducing The Reiger, a newly constructed, boutique 26-unit multifamily community ideally positioned in one of East Dallas’ most dynamic and walkable neighborhoods—just outside the Junius Heights Historic District. This best-in-class asset combines modern design, efficient unit layouts, and a highly desirable lifestyle location that continues to see strong demand from renters seeking proximity, character, and convenience.
The property is minutes from Lower Greenville and the Henderson Avenue corridor, offering a growing mix of dining, retail, and entertainment options. Lakewood is just a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and numerous neighborhood favorites providing daily conveniences and destination experiences alike.
Designed as a high-end multifamily offering, The Reiger appeals to today’s renter profile seeking modern finishes, new construction quality, and a prime East Dallas address—positioning the asset for strong leasing performance and long-term value appreciation.
The property is minutes from Lower Greenville and the Henderson Avenue corridor, offering a growing mix of dining, retail, and entertainment options. Lakewood is just a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and numerous neighborhood favorites providing daily conveniences and destination experiences alike.
Designed as a high-end multifamily offering, The Reiger appeals to today’s renter profile seeking modern finishes, new construction quality, and a prime East Dallas address—positioning the asset for strong leasing performance and long-term value appreciation.
Property Facts
| Price | $10,542,480 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $405,480 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.59 AC |
| No. Units | 26 | Building Size | 21,603 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | MF-2 - Multifamily | ||
| Price | $10,542,480 CAD |
| Price Per Unit | $405,480 CAD |
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.59 AC |
| Building Size | 21,603 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | MF-2 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Refrigerator
- Oven
- Tub/Shower
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $1,972 CAD | 396 |
| 1+1 | 19 | $2,755 CAD | 538 - 937 |
| 2+1.5 | 1 | $3,605 CAD | 993 |
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Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,072,067 CAD | |
| Land Assessment | $695,357 CAD | Total Assessment | $3,767,425 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$695,357 CAD
Improvements Assessment
$3,072,067 CAD
Total Assessment
$3,767,425 CAD
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The Reiger | 5313 Reiger Ave
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