Renovated Fiveplex in Bishop Arts District Next to Methodist Medical Center
735 W 10th St, Dallas
ROI
21.12% IRR
Strategy
Mid Term Rental
Renovated fiveplex in Bishop Arts district next to Methodist medical center. Three studios, one 1 bed, and one 2 bed ideal for mid-term travel nurse stays. Two story fiveplex built in 1930 and completely renovated in 2018. Three studio units
currently leased and expiring later this year, 1 bed unit has long-term lease in place, and 2 bed is vacant. Bring in cashflow while converting units gradually into furnished mid-term rentals.
