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3981 Roseland Avenue, Dallas, TX, 75204

The Flats At 3981 Roseland
$2,300,000

Key Information

Cap Rate
4.95%
$ per SF
$440
Tot. SF
5,220
Units
8
Type
Apartments
NOI
$113,896

Highlights

  • New Construction: Newly built boutique 8-unit multifamily asset with premium finishes.
  • Proven Rental Performance: Strong in-place rents and measurable upside through income and expense efficiencies.
  • Desirable Unit Mix: Studios and one-bedroom units with modern finishes, open-concept floor plans, full kitchens, walk-in closets, and private balconies or patios.
  • Efficient Management: Boutique size allows for efficient management and operational control.
  • High-Income Trade Area: Average household incomes exceeding $113,000 within a three-mile radius.
  • Prime Urban Location: Immediate access to Downtown, Uptown, Lower Greenville, Lakewood, and other notable neighborhoods.
  • Strong Renter Demand: Proximity to major employment centers, healthcare institutions, and entertainment corridors.
  • Supply-Constrained Market: Located in one of Dallas’ most walkable and supply-constrained urban neighborhoods.
  • Upside Potential: Projected stabilization supports improved NOI and continued organic rent growth.
  • Attractive for Investors: Suitable for both private and professional investors seeking long-term appreciation.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919, 528005
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204