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.?
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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