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Listing 25 out of 1,021
$6,695,000 For Sale

2544 Hondo Avenue
Dallas, TX 75219

67 units | Multi Family Home
1.55 acres - MLS# 14164886
Property Photo
1/19

Description

The gated property sits on over an acre and a half surrounded by class A apartments and the huge mix use development on Maple Ave. Tremendous upside potential in renovating the remaining units and pushing rents. Property has controlled accessed featuring 6 one-bedroom floor plans with either a balcony or patio. The property has a resort style pool and covered garage parking. 19 units are 2 story town homes style units. There are 38 private parking covered parking spots with remote access that the current owner is not charging for. Add washer dryer connections to increase value as well. Tons of potential!

Features

  • Property Type: Multi Family Home
  • Sub Type: Apartment/5Plex+
  • Listing Status: Active
  • County/Area: Dallas County
  • Zip Code: 75219
  • Year Built: 1968
  • Subdivision/Neighborhood: Clifton Place 02
  • School District: Dallas ISD
  • Elementary School: Maplelawn
  • Middle School: Rusk
  • High School: North Dallas
  • Stories: 3
  • Units: 67 units
  • # of Parking Spaces: 80
  • Lot Size: 1.55 acres
  • Pool or Spa: Yes
  • Area: DALLAS OAK LAWN (17), OAKLAWN (6)
  • Building Area Source: Tax
  • Construction Materials: Brick
  • Country: United States
  • Flooring: Wood
  • Foundation Details: Slab
  • Gross Annual Expenses: 388367
  • Gross Annual Income: 749804
  • Heating: Central Air-Elec, Central Heat-Gas
  • Insurance Expense: 25000
  • Interior Features: Loft
  • Lot Features: Interior Lot
  • Lot Number: 1
  • Lot Size Area SQFT: 67518.00
  • Lot Size Units: Acres
  • Net Annual Income: 361437
  • Number Of Buildings: 5
  • Other Equipment: Dishwasher, Oven-Electric, Refrigerator
  • Parking Features: Fenced Open Lot, Garage
  • SQFT Building: 44110
  • Utilities: City Sewer, City Water
  • Year Built Details: Preowned
Courtesy of Perry Guest Company

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Marilyn Hoffman
Hoffman International Properties Inc.
214-698-1736
Contact Me

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Marilyn Hoffman | Hoffman International Properties Inc. Contact Me
Mobile: 214-674-3961 l Lexington: 859-523-2812 l Corporate HQ: 214-698-1736
6835 West Lake Ave. - Dallas, TX 75214
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