Listed by Perry Guest Investment Services
$5,112,000
The Courtyards on Bryan
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 19,368
Units 36
Pro-Forma Cap Rate 5.00%
Price per SqFt $264
Broker Co-Op Yes
Year Built 1956
Year Renovated 2018
Buildings 2
Stories 2
Acreage 0.729
Zoning MF-2
Investment Type Owner/User
Newly Renovated 36 Units at Lower Greenville
Marketing description
The Courtyards on Bryan is a fully renovated Turn-Key, 36-unit multifamily community located in the Lower Greenville and East Dallas neighborhoods. Situated on over 31,000 square feet, the property consists of two buildings and features private yard spaces, gated parking, and a boutique, community-oriented layout.
The asset underwent a comprehensive, down-to-the-studs renovation completed in 2018 (over $51,000 per unit renovation), including new roofs, electrical, plumbing, and mechanical systems, along with modern interior finishes, in-unit laundry, refreshed exteriors, and upgraded amenities. The result is a high-quality living experience that competes with newer Class A product at a more accessible price point.
Located just minutes from Lower Greenville, Knox/Henderson, and Lakewood the property benefits from proximity to some of Dallas’ most vibrant dining, retail, and entertainment corridors. This strong tenant demand location continues to attract young professionals seeking walkable, lifestyle-driven neighborhoods.
Investment highlights
- Extensively Renovated (2018): Full system upgrades + modern interiors, $51K+ per unit
- Boutique Community Feel: 36 units across two buildings with private yard spaces
- Premier Location: Steps from Lower Greenville, Knox/Henderson, and Lakewood
- Strong Tenant Demand: High-occupancy submarket driven by young professionals
- Land Size: Over 31,000 sqft of Land
Listing Contacts
Listed by Perry Guest Investment Services
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