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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31416451
31251057

2401 Berwick Ave, Dallas, TX 75203

Onyx Legacy Group
Onyx Legacy Group
Listed by Onyx Legacy Group
$1,500,000
81 days on market
Updated 55 days ago

DALLAS TX 16 UNITS ASSUME A 4.21% INTEREST FREDDIE MAC LOAN

Details
APN 00000457387000000
Property Type Multifamily
Sub Type Apartment Building
Units 16
Cap Rate 7.11%
NOI $106,681
Occupancy 98%
Pro-Forma Cap Rate 12.12%
Pro-Forma NOI $181,725
Class C
Year Built 1951
Year Renovated 2023
Buildings 1
Stories 2
Lot Size (SqFt) 27,325
Zoning MF
Investment Type Stabilized
Ownership Fee Simple

Multifamily | 16 Units | $93,750/unit

Investment highlights

16 Units Value Add Units Dallas, TX Location

Qualified Buyers Can Assume a 4.21% Interest Freddie Mac Loan

Qualified Buyers Can Potentially Obtain Seller Financing

Strong rental history supporting steady, reliable cash flow.

Opportunity to boost returns through rent increases or upgrades.

Located in a high-demand area with strong long-term appreciation potential.

Attractive option for investors seeking stable income and growth.

Potential to Improve NOI Through Capitial Improvements and Property Management

Historical High Occupancy

Easy Access to Downtown Dallas

Listing Contacts

Onyx Legacy Group
Onyx Legacy Group
Listed by Onyx Legacy Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$106,681.00
$8,890.08/mo

Valuation Metrics

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DSCR
7.11%
Cap Rate
7.11%
ROI

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