Crestview Plaza

Dallas, TX
Property Details: 92 Units, 73,968 square feet
  • Purchased in 2016 for $79,000 per unit
  • Building will be going through a complete renovation with a planned completion in Spring 2018
  • Pro-Forma Rental income will be increased from $817,520 annually to $1,332,840
  • Once fully leased, building will be operating at a 7.66% CAP based on original purchase price and rehab budget
  • Prime Oak Lawn location surrounded by Class A REIT apartments