• $3,050,000
  • Est payment $16373.06/mo

5404 Reiger Avenue, Dallas, TX 75214

232871216 32.800232 -96.759155 169 /listing/232871216-150274294/5404-reiger-avenue-dallas-tx-75214 False 0 3050000.0 105 14035397 False

Property & Neighborhood Info

Courtesy Of Perry Guest Company

Multi-Family in Dallas

Minutes from the exclusive Lakewood neighborhood, Lakewood Gardens is a fully remodeled 3 story 1980’s asset that has received over $650,000 spent in capital improvements. The flexible mix of units feature one, two, and sought after three bedroom floor plans. Consisting of 20 large and spacious units averaging over 700 square feet, the remodeled interiors feature all brand new kitchens with white quartz countertops with under mount sinks, new cabinetry, and a suite of premium stainless steel appliances. New bathrooms have walk in showers with glass enclosures, new vanities, new mirrors, new toilets, and new designer tile. All ground floor units feature large outdoor patios which garner a premium on rent.

Courtesy Of Perry Guest Company

Main Features

  • Listing Status: Active
  • Year Built: 1986
  • Floors: 3
  • School District: Lipscomb
  • School District2: Long
  • School District3: Wilson
  • School District: Dallas ISD
  • County: Dallas
  • Taxes: $30,928.00
  • Units: 20
  • Subdivision: East Columbia Place
  • MLS Number:14035397

Additional Features

  • Flooring:
    • CARPET
    • CERAMIC TILE
    • VINYL
  • Interior Features:
    • MULTIPLE STAIRCASES
  • Appliances:
    • DISHWASHER
    • DISPOSAL
    • Range/Oven-Electric
  • Construction:
    • STUCCO
  • Construction Status:
    • Proposed
  • Property Subtype:
    • MUL-Apartment/5Plex+
  • Property Type:
    • Multi-Family
  • Roof:
    • Composition
  • Foundation:
    • Slab
  • Exterior Features:
    • PATIO OPEN
  • Fencing:
    • WOOD
  • Lot Features:
    • Interior Lot
  • Pool:
    • N
  • Parking:
    • Rear
  • Parking Spaces:
    • 26
  • Heating:
    • CENTRAL AIR-ELEC
    • CENTRAL HEAT-GAS
  • Utilities:
    • City Sewer
    • City Water
  • Number of Buildings:
    • 2
  • Showing Instructions:
    • Agent Or Owner Present
  • Divisible:
    • No
  • Gross Income:
    • 257946
  • Legal Description:
    • EAST COLUMBIA PLACE BLK B/609 LOT 2 INT201600
  • Net Operating Income:
    • 152526
  • Annual Expenses:
    • 105420
  • HOA:
    • None
  • Cap Rate:
    • 5.00
  • Complex Name:
    • Lakewood Gardens
  • Lot Number:
    • 2
  • MLS:
    • North Texas Real Estate Information Systems
  • Possession:
    • Closing/Funding
  • Tax ID:
    • 00000115834000000
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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Dalinda Avila
Dalinda Avila
Dalinda N. Avila, REALTORS®

5404 Reiger Avenue Dallas, TX 75214

232871216 32.800232 -96.759155 169 /listing/232871216-150274294/5404-reiger-avenue-dallas-tx-75214 False 0 3050000.0 105 14035397 False
  • $3,050,000
  • Est payment $16373.06/mo