4929 Reiger Avenue

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Address: 4929 Reiger Avenue, Dallas, Texas, US
Created date: March 22, 2024
Date last updated: March 22, 2024
  • Extensive Renovation in 2015-2017
  • One of the most popular investor neighborhoods, with strong rental demand
  • Prime location with convenient access to Dallas

Property Description

The Carolina is a 38 unit apartment complex located in the highly sought after East Dallas market. The building is two-story with brick and pitched composition roof and situated on 43,540 sqft of land. Renovated in 2015-2017 The Carolina features a mix of studios, one and two-bedroom apartments. Units have recessed lighting in the ceilings, full kitchens with stainless steel appliances, updated bathrooms, and several units offer in-unit laundry options. The building is on a chiller boiler system, with a brand new chiller replaced less than two years ago. This is a great turnkey option as it sits or a great minor value add option to increase rents.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Apartments
Price: $5,500,000
No. of Units: 38
Year Built: 1962
Lot Size: 1.00 Sq ft
Opportunity Zone: No
Price per unit: $144,737
Property Website Click Here
Address: 4929 Reiger Avenue, Dallas, TX 75214, USA
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