Property Description

Introducing THE CAROLINA at 4929 REIGER AVENUE, DALLAS, TX 75214

This 38-unit multifamily property is in the sought-after East Dallas market.

Renovated in 2015-2017, the two-story brick building offers a mix of studios, one, and two-bedroom apartments equipped with modern features like recessed lighting, stainless steel appliances, laminate wood flooring, and several units have in-unit laundry options.

Situated on 1.0 acre of land, the property has gated parking with covered options. With a prime location providing convenient access to Dallas, this turnkey investment opportunity is complemented by a recent chiller system replacement in the past 2 years.

This property offers great value-add potential through increasing rental income.

THE CAROLINA is offered at price point under what it would cost to build today at only $183 a foot. Perfect opportunity for an investor seeking strong rental demand or looking for a strategic location.

Features
: Other
: Central Air, Ceiling Fan(s), Other
: Composition
: Assigned, Covered, Electric Gate, Asphalt
: Laminate
: Walk-in Closet(s), Open Floorplan, High Speed Internet Available, Cable Tv Available, Eat-in Kitchen
Appliances
: Dishwasher, Refrigerator, Electric Range, Disposal, Vented Exhaust Fan
Address Map
4929 Reiger, Dallas, Texas 75214
US
TX
Dallas
Dallas
East Dallas
75214
Reiger
4929
0
W97° 14' 8.4''
N32° 47' 50''
Neighborhood
Lipscomb
North Dallas
Long
MLS Addon
$0
No
$0
$0
: Brick, Wood
Head west on Munger from Columbia Ave...Turn south on to Reiger...Building is located on the north side of Reiger
No
$0
No
No
$0
43540
No
$0
ntreis
1430 00A 00400 1DA1430 00A
22/03/2024 11:47:03
16
No
$0
$0
$0
: Electricity Connected, City Sewer, City Water, Master Water Meter, Master Gas Meter

4929 Reiger

Dallas Texas 75214

0 Bedrooms
0 Bathrooms
0 Sqft
$5,500,000
Listing ID #20567840
Basic Details
Property Title : 4929 Reiger
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 20567840
Price : $5,500,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1962
Lot Area : 1.00 Acre
Status : Active
PropertySubType : Apartment
Agent info
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