The Colette

Dallas, TX
Property Details: 14 Units, 10,840 square feet
  • Purchased in 2015 for $80,000 per unit
  • Rehab Included: Complete interior remodel, new exterior facade, and chiller conversion to individual HVAC
  • Gross Rental income increased from $146,305 annually to $206,760
  • Building operating at a 8.7% CAP based on original purchase price and rehab budget
  • Prime Lower Greenville location