
Courtesy of: Harris Arnhart, Perry Guest Company
$1,595,000
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Lot: 1.16 Acres
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Other
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$1,595,000
5200-5210 Reiger Avenue Located in Munger Place Historic District, one of the most desirable historic neighborhoods in East Dallas, this offering presents a rare opportunity to acquire four contiguous properties spanning an entire city block-totaling over 50, 000 square feet of land. The portfolio consists of four buildings currently operating as a rooming house with 50 rooms, with an on-site manager in place. Current rents range from $550-$650 per month, providing immediate in-place income with operational upside. This is a highly flexible investment with multiple exit strategies in a high-demand submarket. *This is being sold AS-IS *Properties cannot be torn down, they are contributing to the neighborhood *Renovation-Redevelopment available that contributes to neighborhood
Courtesy of: Harris Arnhart, Perry Guest Company
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