HYA LIVE OAK
Multifamily | 24 Units
Marketing description
Northmarq Multifamily is pleased to present HYA Live Oak, offering investors the opportunity to acquire a completely renovated community in an irreplaceable location in a top performing submarket in Dallas. This 24-unit community is located at the connection point of North Henderson Avenue and Greenville Avenue, connecting the asset to two of Dallas's most vibrant districts. This location has exceptional accessibility to an urban lifestyle with walkability to over 250 food, drink, and retail establishments offering an unmatched Live-Work-Play lifestyle. Furthermore, the immediate area continues to see intensive growth with the current example of Henderson East, the largest bet Henderson Avenue has seen, just half a mile from the asset delivering a mix of retail and restaurant spaces. Planned to open in 2026, this will further enhance the walkability of the immediate location. This premiere location has resulted in strong fundamentals including household incomes north of $97,000 within 3-miles of the asset and an average occupancy of 95%, leading the entire metroplex in occupancy.
Under current ownership the asset has received over $1,000,000 in capital improvements into the community with major items including all new HVAC systems, new water heaters, and interior renovations. New ownership benefits from inheriting 24 completely renovated units that have been brought down to the studs and built out with quartz counters, shaker style cabinets, stainless steel appliances, tile backsplash, updated bathrooms, washer/dryer equipment, new windows, goose neck faucets and more.
Investment highlights
- Completely renovated community in irreplaceable location in top Dallas submarket
- 24-unit community located at connection point of North Henderson Avenue and Greenville Avenue
- Exceptional accessibility to urban lifestyle with walkability to over 250 food, drink, and retail establishments
- Henderson East development half a mile from asset, largest bet Henderson Avenue has seen, opening 2026
- Strong fundamentals: household incomes north of $97,000 within 3-miles
- Average occupancy of 95%, leading entire metroplex in occupancy
- Over $1,000,000 in capital improvements under current ownership
- All new HVAC systems installed
- New water heaters installed
- 24 completely renovated units brought down to studs
- Units feature quartz counters, shaker style cabinets, stainless steel appliances
- Units include tile backsplash, updated bathrooms, washer/dryer equipment, new windows, goose neck faucets
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