5317 Reiger Avenue
- New Construction
- 5% Cap Rate
- 14 Units
- Private Parking (4 Covered)
- Private Patios (select units)
- Luxury Modern Finishes
- Lakewood Submarket/East Dallas Neighborhood
Property Description
Introducing The Reiger, a newly constructed, boutique 14-unit multifamily community ideally positioned in one of East Dallas’ most dynamic and walkable neighborhoods—just outside the Junius Heights Historic District. This best-in-class asset combines modern design, efficient unit layouts, and a highly desirable lifestyle location that continues to see strong demand from renters seeking proximity, character, and convenience. Residents enjoy immediate access to the very best of East Dallas. The property is minutes from the Henderson Avenue corridor, including the new Acadia development, offering a growing mix of dining, retail, and entertainment options. Lakewood is just a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and numerous neighborhood favorites providing daily conveniences and destination experiences alike. The surrounding area is known for its walkable, community-oriented feel, mature tree canopy, and proximity to some of Dallas’ most established and sought-after neighborhoods. The Reiger’s location allows residents to enjoy the charm and character of East Dallas while remaining close to downtown, Deep Ellum, and major employment centers. Designed as a high-end multifamily offering, The Reiger appeals to today’s renter profile seeking modern finishes, new construction quality, and a prime East Dallas address—positioning the asset for strong leasing performance and long-term value appreciation.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,250,000 |
| No. of Units: | 14 |
| Year Built: | 2025 |
| Lot Size: | 0.29 Acres |
| Opportunity Zone: | No |
| Price per unit: | $232,143 |
| Property Website | Click Here |
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