1931 N Prairie Ave, Dallas, TX 75204

Description

A new investment opportunity to the market (new photos coming, but wanted to get the property into the market asap). 1931 North Prairie is a 100% leased five unit complex with a five year history of proven income in a high demand area. This property consistently attracts and retains quality tenants, with a location second to none. It sits just minutes from Uptown, Downtown, West Village, Klyde Warren Park, the Arts District, Central Expressway, SMU, major hospitals, Lower Greenville, and some of Dallas’s best shopping, dining and entertainment.
Each of the five units is a two-bedroom, 2.5-bath residence with tall ceilings, open-concept design, abundant natural light, real wood floors, and contemporary kitchens. Both bedrooms have ensuite baths, and washers and dryers are included. A private two-car garage opens directly into each unit, providing the highest security and convenience. And the building design and corner location provide easy access to each garage, with a more spacious feeling to the property than most five unit properties in the area. And a secured, fenced, artificial turf-covered courtyard gives pet owners a rare amenity.
Hold all five as a rental portfolio or pursue individual unit sales. Airbnb and short-term rentals are allowed. For an investor who wants a turnkey multifamily asset in a prime Dallas location, this is an outstanding opportunity.