DFW 100% Occupied 26-Plex $3.15M

1500 N Carroll Ave, Dallas

ROI

15.60% IRR

Strategy

Long Term Rental

Located close to downtown Dallas and 100% tenant occupied. Gross income in 2024 was $353,844. Taxes 82,696. Insurance $12000. Detailed financials available with a signed NDA and proof of funds. This is an optimized, turnkey, cashflow machine in a very high tenant demand location. Perfect for an investor looking to park funds and produce consistent cashflow. Asking price is $3.45M. It won't trade at that price. It will likely sell between 3.1 and 3.2M (7 caps have been moving).

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DFW 100% Occupied 26-Plex $3.15M

Listed 01/15/2025

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1500 N Carroll Ave, Dallas

Purchase Price:$3,150,000

Cash Outlay:$850,500

Cashflow:$2,660/mo

Cap Rate:6.85%

IRR:15.60%

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