1423 N Carroll Avenue, Dallas, Texas 75204

$13,500,000
2
BD
List Price
$13,500,000
MLS#
20588647
Status
ACTIVE
Type
Multifamily
Year Built
2024
Construction Status
New Construction - Incomplete
Bedrooms
2
Full Baths
2
Half Baths
1
Acres
0.69
County
Dallas
City
Dallas
Subdivision
Dallas Bias Add
Building Name
Noarth Carroll Homes

Property Description

Great opportunity to buy 24 unit new construction town home multifamily in Dallas downtown area with pre leasing discounted price in GATED COMMUNITY. 4 units already leased, more coming. Buyer either close now or put down payment and close when all units are leased. There is existing loan for $6.3m with 4.5% interest rate, please call for details. Each unit has 2 br + 2.5 bath + office + roof top terrace facing to down town with so many upgraded features like engineered woods, quartz countertops and high end light fixtures. All units come with fridge, washer&dryer and blinds. First unit will be ready to move in April. Average per unit living area is 1734 sqft. Listing broker is selling partner and builder.

Additional Information

Unexempt Taxes
$32,162
HOA
No HOA
Annual Insurance
28800
Gross Annual Expenses
240000
Gross Annual Income
1036000
Lot Size
29,838
Acres
0.69
Subdivided
No
Interior Features
Built-in Features, Granite Counters, Kitchen Island
Flooring
Laminate, Tile, Wood
Foundation
Slab
Roof
Composition
Street Utilities
City Sewer, City Water, Electricity Available, Individual Gas Meter, Individual Water Meter, Sewer Available
Heating Cooling
Central, Natural Gas
Construction Material
Brick, Siding, Wood
Garage Spaces
2
Parking Garage
Additional Parking, Garage Single Door
Total Num Parking
48
School District
Dallas Isd
Elementary School
Chavez
Middle School
Spence
High School
North Dallas
Possession
Closing/Funding
Building Sq. Ft.
41600
Number of bldgs.
24
Number of units
24
Possession
Closing/Funding
Cap Rate
5.69

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Andy Yaltir from VITA Realty. Contact: 281-201-2463