Lakewood Crossings

Dallas, TX
Property Details: 27 Units, 18,582 square feet
  • Purchased in 2016 for $54,259 per unit
  • Building will be going through a complete renovation with a planned start in Spring 2017
  • Pro-Forma Rental income will be increased from $156,389 annually to $345,600
  • Once fully leased, building will be operating at a 9.83% CAP based on original purchase price and rehab budget