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Investment Highlights
- New Construction Townhome Community – Delivered in 2024, Coronado Townhomes offers investors a newly built 20-unit asset with modern construction
- Large-Format Townhome Product – The community consists entirely of 2-bedroom / 2.5-bathroom three-story townhomes averaging 1,692 square feet
- Attractive Renter Demographics – The surrounding area benefits from strong household income levels, including average household income of $141,577
- Rare Infill Location in Lakewood / East Dallas – The property is located at 7411 Coronado Avenue in one of Dallas’ most established neighborhoods
- Vacant Asset – The asset is currently vacant, providing investors the opportunity to acquire a high-quality new construction property
- Access to Major Employment Hubs – Residents have convenient access to Downtown Dallas, the Baylor Medical District, Lower Greenville, and Deep Ellum
Executive Summary
Broker of Record
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
| Sale Type | Investment | Lot Size | 1.00 AC |
| No. Units | 20 | Building Size | 33,836 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2024 |
| Building Class | B | Parking Ratio | 0.13/1,000 SF |
| Zoning | MFR - 2 - Multi-Family Residential | ||
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 33,836 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 0.13/1,000 SF |
| Zoning | MFR - 2 - Multi-Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Heating
- Ceiling Fans
- Granite Countertops
- Ice Maker
- Stainless Steel Appliances
- Dining Room
- Framed Mirrors
- Freezer
- Island Kitchen
- Pantry
Site Amenities
- Security System
- Smoke Free
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+3 | 20 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 002698000B0040000 | Improvements Assessment | $10,778,011 CAD |
| Land Assessment | $1,256,281 CAD | Total Assessment | $12,034,292 CAD |
Property Taxes
Parcel Number
002698000B0040000
Land Assessment
$1,256,281 CAD
Improvements Assessment
$10,778,011 CAD
Total Assessment
$12,034,292 CAD
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7411 Coronado Ave
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