Multifamily

Cedar Square

404 Andrews Ave, Dallas, TX 75211

Listing Price: Request For Offer

Number of Units
116
Gross SF
80,352

Investment Overview

More than $1.1M in Recent Capital Improvements Completed - Exterior and interior enhancements total more than $9,600 per unit; Approximately 60 percent of the unit interiors have been completely transformed Significant Savings Possible by Introducing Water RUBS Program - RUBS properties tend to use 6 to 27 percent less water than properties which do not assess a fee; The owner’s share of this utility expense could be substantially reduced Electricity Cost Savings by Installing LED Light Bulbs - LED light bulbs reportedly use less than 20 percent of the energy used by incandescent bulbs Offered with Attractive Assumable Financing with Remaining Interest Only Term - The existing loan has roughly 16 months of interest only term remaining and matures in 10 years

Investment Highlights

  • More than $1.1M in Recent Capital Improvements Completed
  • Significant Savings Possible by Introducing Water RUBS Program
  • Electricity Cost Savings by Installing LED Light Bulbs

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
116
Gross SF
80,352

Investment Highlights

  • More than $1.1M in Recent Capital Improvements Completed
  • Significant Savings Possible by Introducing Water RUBS Program
  • Electricity Cost Savings by Installing LED Light Bulbs

Investment Overview

More than $1.1M in Recent Capital Improvements Completed - Exterior and interior enhancements total more than $9,600 per unit; Approximately 60 percent of the unit interiors have been completely transformed Significant Savings Possible by Introducing Water RUBS Program - RUBS properties tend to use 6 to 27 percent less water than properties which do not assess a fee; The owner’s share of this utility expense could be substantially reduced Electricity Cost Savings by Installing LED Light Bulbs - LED light bulbs reportedly use less than 20 percent of the energy used by incandescent bulbs Offered with Attractive Assumable Financing with Remaining Interest Only Term - The existing loan has roughly 16 months of interest only term remaining and matures in 10 years

Exclusively Listed By

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