4950 Cedar Springs | 4950 Cedar Springs Rd
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4950 Cedar Springs 4950 Cedar Springs Rd
15 Unit Block of Flats £5,010,150 (£334,010/Unit) 4% Net Initial Yield Dallas, TX 75235
Investment Highlights
- Conveniently located at the corner of Cedar Springs and Mahanna.
Executive Summary
Seller to pay 3% commission to buyer's broker. Relaxing pool and barbecue area. Tremendous views from fourth level rooftop decks. Conveniently located at the corner of Cedar Springs and Mahanna.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £5,010,150 | Apartment Style | Townhome |
| Price Per Unit | £334,010 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.60 AC |
| Net Initial Yield | 4% | Building Size | 26,250 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 93% |
| No. Units | 15 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 2013 |
| Property Subtype | Apartment | Parking Ratio | 1.22/1,000 SF |
| Price | £5,010,150 |
| Price Per Unit | £334,010 |
| Sale Type | Investment |
| Net Initial Yield | 4% |
| Sale Conditions | 1031 Exchange |
| No. Units | 15 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.60 AC |
| Building Size | 26,250 SF |
| Average Occupancy | 93% |
| Number of Floors | 3 |
| Year Built | 2013 |
| Parking Ratio | 1.22/1,000 SF |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Granite Countertops
- Wooden Floors
- Stainless Steel Appliances
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2.5 | 15 | £2,367 | 1,750 - 1,800 |
1 of 1
zoning
| Zoning Code | MF2 (Commercial) |
| MF2 (Commercial) |
-
Mary Poss -
Ebby Halliday Realtors
1 of 63
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4950 Cedar Springs | 4950 Cedar Springs Rd
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