Multi Family In Dallas

St. Augustine Townhomes is a renovated 45-unit multifamily community located in the Riverway Estates submarket of Dallas, TX in Dallas County. Built in 1983, the property is comprised of 15, one- and two-story buildings with a combination of brick and vinyl panel siding and pitched composition shingle roofs. The property offers an attractive unit mix of spacious one- and two-bedroom townhome-style units. Most of the units are complete with interior updates including stone countertops, black and stainless steel appliances, faux wood flooring, tile surround and updated vanities. Other features include individual air conditioning and heat, full-sized washers and dryers, ample parking, and fenced private patios. Owner spent over $1 million on exterior capex, which includes roofs (2021-2022), foundation repair, exterior paint and siding. Ownership group controls the HOA and owns 45 out of 48 townhome units, providing multiple exit strategies.