Deniz Yalmaz
Ultima Real Estate
License number: 0540137 mobile: 817-233-0249
e-mail: deniz@intelreal­ty.com
www.intelrealty.­com
5220 Spring Valley Rd #160, Dallas, TX 75254
Property Details
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Deniz Yalmaz
Ultima Real Estate
License number: 0540137
mobile: 817-233-0249
www.intelrealty.­com
5220 Spring Valley Rd #160
Dallas, TX 75254
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E-mail:
Phone:
Your Message:
435 9th Street, Dallas, Texas 75208, USA
List Price: $3,318,000
Sale price per sqm: 0 $
Status: ACT
MLS#: 21137128
Property type: Residential For Sale, Apartment
Land size: 0.12 sqft (0.01 m2)
Building Size: 3,040 sqft (282.4 m2)
Rooms
  • 18 bedrooms
  • 16 full baths
Property Details
1925 Year Built:
Building or Complex name: West 9th Condos Location:
Brick Construction:
Resale Condition:
Refrigerator, Dishwasher, Oven-Electric Appliances:
Multiple Staircases Property Features:
laminate Floors:
city water, City sewer, Individual Gas Meter, Individual Water Meter Utilities:
Broadband internet access Telecommunication:
Corner Lot Lot Description:
On Slab Basement and Foundation:
composition, shingle Roofing:
Parking / Garage
10 Number of parking spaces:
Parking Lot, Common Lot, On Street Parking type:
School Information
294 School District:
Reagan Elementary School:
Adamson High School:
Garcia Middle School:
Remarks
A rare opportunity to acquire a fully renovated 16-unit condominium portfolio one block from Bishop Avenue, one of Dallas's most active dining and entertainment corridors. The portfolio spans 4 buildings and delivers 9 leased units with in-place income at closing, with the remaining 7 units rent-ready and actively being leased at current market rates. No deferred maintenance. No renovation timeline. The heavy lifting is done. The unit mix includes studios, one-bedroom, and two-bedroom residences, individually metered for utilities with tankless water heaters throughout. The flexible unit mix supports long-term and mid-term rental strategies, with additional uses subject to city guidelines. With stabilized pro forma gross income of $247,200 annually and a location that continues to benefit from Dallas's urban core demand, this portfolio is positioned for an investor seeking immediate cash flow with a clear path to full stabilization.


Listing by: Compass RE Texas, LLC