$2,380,000

Apartment in Dallas

  • 20 Beds
  • 20 Baths
  • 6,880 Sqft
  • 8,750 Sqft lot
  • Updated: Today
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21433764

About the Property

Located on a corner lot in the heart of East Dallas, 4927 & 4931 Bryan offers investors a two-building, 20-unit apartment portfolio with existing rental income, renovation upside, and long-term redevelopment potential.?

All residences feature one-bedroom, one-bathroom layouts, with convenient access to the dining, shopping, and entertainment destinations of Lower Greenville, Henderson
Located on a corner lot in the heart of East Dallas, 4927 & 4931 Bryan offers investors a two-building, 20-unit apartment portfolio with existing rental income, renovation upside, and long-term redevelopment potential.?

All residences feature one-bedroom, one-bathroom layouts, with convenient access to the dining, shopping, and entertainment destinations of Lower Greenville, Henderson Avenue, and the Knox District.?

4927 Bryan has been remodeled, with individual HVAC condenser units and in-unit washer-dryers throughout.? At 4931 Bryan, two units feature individual HVAC condensers and washer-dryers, while the remaining units use window air conditioning—providing a clear opportunity to pursue higher rents through similar upgrades and interior renovations.? The renovated building allows buyers to maintain rental income while completing improvements at the second property.? The combined corner site also offers potential for redevelopment into a new apartment community of 18 or more units, subject to applicable city approvals.?

Buyers have multiple paths to creating value: operate the existing portfolio, complete the remaining renovations to grow net operating income, or pursue future redevelopment in an established East Dallas neighborhood.?
…
  • Property type

    Apartment

  • Year built

    1938

  • Price/sqft

    $345

Features

  • Investment Property
  • City View
  • Air Conditioning
  • Renovated
  • Washer Dryer
  • Gate
  • Parking
  • Balcony
  • Stone Countertops
Features

Lot

Indoor

  • Air Conditioning
  • Washer Dryer
  • Stone Countertops

Outdoor

  • Balcony
  • Parking
  • Gate
  • Garden

Explore the Area

4927 Bryan Street, Dallas, Texas, United States View on Google Maps
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Perry Guest Company - Dallas

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Perry Guest Company - Dallas
Texas, United States
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Perry Guest Company - Dallas
Dallas, Texas, United States
View agency profile
Last updated
Today
First listed
November 12
Listing reference
21433764
Listing status
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