3209 Norwalk Avenue Dallas, TX 75220
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VALUE ADD OPPORTUNITY! SELLER IS OPEN TO CREATIVE FINANCE. LOAN BALANCE IS 445K WITH A 4.75 INTEREST RATE. Seller would like 200-250k cash down, the remaining balance he is open to seller financing on a 30 year am with a 5 year balloon. Apartment complex for sale in a very desirable area in Dallas primed for growth. The complex has 8 total units, 4 on the first floor and 4 on the second floor. Fully leased at $975 each and all are on month-to-month leases. Owner pays water, trash, and exterior lights. Tenants are responsible for the interior lights and all other utilities. With exterior improvements, rent could easily be pushed to $1,025 per month based on neighboring comps. All leases, 2022 and 2023 financials, and utility bills are available in transaction desk.
3 weeks ago | Listing updated with changes from the MLS® | |
3 weeks ago | Status changed to Pending | |
a month ago | Status changed to Active Option Contract | |
2 months ago | Price changed to $850,000 | |
2 months ago | Status changed to Active | |
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Data Last Updated: 2024-07-27 04:41 AM CDT
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