3706 West 8th Street

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3706 West 8th Street

Dallas, TX 75211
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Costa Bella | 161 Units Built In 1961 in Dallas, TX <ul><li>​Lender-Owned Basis Reset​</li><li>​$3MM+ in Value Enhancement</li><li>​Located in a Qualified Opportunity Zone</li><li>​~75% Are 2-3 Bedroom Units - Up To 1,281 SF</li><li>​$62,000+ Median Area Income - 5-Mile Radius (Yardi)</li><li>​Within 10 Minutes the Bishop Arts District, Trinity Groves, and Downtown Dallas</li><li>​$10B+ in Public & Private Investment Planned Across Southern Dallas</li><li>​1.3+ Million Residents In Dallas</li></ul>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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