PDF Dallas, TX 75216

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EDGEMONT

Dallas, TX 75216

OFFERING MEMORANDUM TM

AVE

EXCLUSIVELY LISTED BY

DANIEL MCQUAID

SENIOR ASSOCIATE MULTIFAMILY Direct +1 (214) 932-9155 Mobile +1 (214) 232-1532 nick.dell@ License No. 676985

DAVID HARRINGTON

EVP & NATIONAL DIRECTOR MULTIFAMILY

Direct +1 (310) 295-1170 Mobile +1 (310) 497-5590 david.harrington@ License No. 01320460

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MATTHEWS REAL ESTATE

OFFERING MEMORANDUM

740 EDGEMONT AVE

Dallas, TX 75216

TABLE OF CONTENTS

4 PROPERTY OVERVIEW

6

AREA OVERVIEW

9 FINANCIAL OVERVIEW

DALLAS, TX

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PROPERTY OVERVIEW

10

UNITS

7,223

GROSS SQ. FEET

.31 AC

LOT SIZE

Edgemont Ave

DESCRIPTION

Matthews Real Estate Investment Services is pleased to present 740 Edgemont Ave, a 10-Unit value add multifamily asset located in Dallas, TX. 740 Edgemont is located 5 minutes away from Downtown Dallas. The property also benefits from being situated in proximity to the Dallas Zoo and I-35 E. Current ownership recently replaced the roof and windows turned multiple units and leased these units at $850, providing new ownership the opportunity to carry that momentum forward and perform a similar value add strategy on the rest of the building. Qualified investors are offered an outstanding opportunity to acquire a valued add asset located in one of the nation's largest & fastest-growing MSA's.

OPPORTUNITY

? 10 Units ? All 2 Bed | 1 Bath ? Year Built: 1967

? New Roof & New Windows ? Proven out rents at $850

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MATTHEWS REAL ESTATE

DALLAS, TX

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