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Dallas CASHFLOW 16-Plex in Premiere Location $1.6M

4710 Munger Ave, Dallas
ROI
28.87% IRR
Strategy
Long Term Rental
Check out this location and neighborhood! Very rare opportunity to purchase a cash flowing commercial multi family asset in Old East Dallas. Minutes from downtown and some of the most vibrant parts of the city. Assessed value is 1.84M. Asking price is 1.6M. Current rent roll equals $14,949 per month (3 vacancies). If rents are brought up to market rate total rent roll is $19650. All units are 1 bed 1 bath units. Turnkey. No renovation needed. Tax appraisal is 1.84M. Taxes $41k need to be reassessed after sale and pushed down to $33-$35k.

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Dallas CASHFLOW 16-Plex in Premiere Location $1.6M

Listed 04/21/2025

4710 Munger Ave, Dallas

Purchase Price:$1,600,000

Cash Outlay:$432,000

Cashflow:$4,960/mo

Cap Rate:9.56%

IRR:28.87%

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