Courtesy of: Rachael Gray Smith, Compass RE Texas, LLC, rachael.graysmith@compass.com
Courtesy of: Rachael Gray Smith, Compass RE Texas, LLC, rachael.graysmith@compass.com
$3,318,000
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18 bed
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16.00 Bath (16 Full)
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Lot: 0.12 Acres
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Apartment
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$3,318,000
435 W 9th Street Exceptional portfolio opportunity to acquire a newly constructed 16-unit condo community in a highly walkable Dallas location just one block from nightlife, dining, and entertainment. The property is delivered fully vacant and rent-ready, offering a rare opportunity to lease at current market rates with no deferred maintenance and no existing tenants. The unit mix includes studios, one-bedroom, and two-bedroom residences, ranging from 280- 1, 041 SF. This flexible mix supports a variety of rental strategies, including long-term and mid-term rentals, with additional uses subject to city guidelines. (No HOA restrictions) Individual unit values range from $120, 000–$349, 000, with an average price per unit of approximately $207, 000. Ideal for investors seeking multiple exit options, including portfolio hold, refinance after stabilization, or future individual condo sales. Located in a strong demand submarket with proximity to lifestyle amenities, nightlife, and Downtown Dallas.
Courtesy of: Rachael Gray Smith, Compass RE Texas, LLC, rachael.graysmith@compass.com
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