1 / 1014-Unit Multifamily in Dallas, TX
Dallas County, TX · listed Mar 10, 2026 (232 days)
- $/unit
- $232,143
- ▲ 132% vs TX · 89th pct
- Cap rate
- 5%
- ▼ 2.3 pts vs TX median
- NOI
- $163K
- $11,607/unit/yr
- Units
- 14
- 1 bldg · 2025
Financials
- Asking price
- $3,250,000
- Price per unit
- $232,143
- Price per sq ft
- $346
- Gross rent / year
- Not stated
- Net operating income
- $162,500
- NOI per unit
- $11,607
- Cap rate
- 5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 14
- Unit mix
- Not stated
- Buildings
- 1
- Year built
- 2025
- Building size
- 9,387 sq ft
- Avg unit size
- 671 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Mar 10, 2026
- Days on market
- 232 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1019
About this property
Introducing The Reiger, a newly constructed, boutique 14-unit multifamily community ideally positioned in one of East Dallas’ most dynamic and walkable neighborhoods—just outside the Junius Heights Historic District. This best-in-class asset combines modern design, efficient unit layouts, and a highly desirable lifestyle location that continues to see strong demand from renters seeking proximity, character, and convenience.
The property is minutes from Lower Greenville and the Henderson Avenue corridor, offering a growing mix of dining, retail, and entertainment options. Lakewood is just a short drive or bike ride away, with Whole Foods Market, Mi Cocina, Bowlski’s at the Lakewood Theater, and numerous neighborhood favorites providing daily conveniences and destination experiences alike.
Designed as a high-end multifamily offering, The Reiger appeals to today’s renter profile seeking modern finishes, new construction quality, and a prime East Dallas address—positioning the asset for strong leasing performance and long-term value appreciation.
Brand New 14 Unit Boutique Multifamily Investment Opportunity
Highlights
- New construction
- Luxury modern finishes
- Private parking
- Neighborhood feel
- Lakewood submarket
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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| Dallas, TX High yieldValue-add | $1.15M | $115K$115K | 7.4% |
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| Dallas, TX NewHigh yieldVacant | $450K | $50K$50K | 10% |
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