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1820 N Garrett Ave, Dallas, TX, 75206

Henderson Flats
$3,900,000

Key Information

Cap Rate
6.57%
Tot. SF
26,877
Units
28
Year Built
1985
Type
Apartments
Occupancy
93%

Highlights

  • Strong Value-Add Potential with ~25% Rental Upside Post-Renovation
  • In-Unit Washer/Dryers
  • Median Owner-Occupied Housing Unit Value of $704k Within the 3-Mile Radius
  • Median Household Income in Excess of $105k Within the 3-Mile Radius
  • Direct Access to the 110,000+ Jobs Within a 1-Mile Radius of Dallas’ Central Business District
  • Proximity to Some of Dallas’ Most Popular Residential, Dining, Retail, and Entertainment Corridors:
    • Knox/Henderson: ±0.1 Miles
    • Lower Greenville: ±0.5 Miles
    • Downtown Dallas: ±1.6 Miles
    • West Village: ±1.8 Miles
    • Uptown Dallas: ±2 Miles
    • Highland Park: ±2 Miles

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225