1 / 226-Unit Multifamily in Dallas, TX
TX · listed Sep 15, 2026 (43 days)
- $/unit
- $269,231
- ▲ 192% vs TX · 93rd pct
- Cap rate
- 5%
- ▼ 2.4 pts vs TX median
- Gross yield
- —
- Units
- 26
- 2 bldg · 2025
Financials
- Asking price
- $7,000,000
- Price per unit
- $269,231
- Price per sq ft
- $324
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 5%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 26
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 2025
- Building size
- 21,603 sq ft
- Avg unit size
- 831 sq ft
- Lot size
- 0.59 acres
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 15, 2026
- Days on market
- 43 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1165
About this property
Introducing The Reiger, a newly constructed, boutique 26-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.
Boutique Multifamily Investment Opportunity | 26 Units | 5% CAP
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
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Dallas, TXValue-add | $1.5M | $125K$125K | — |
| Dallas, TX NewHigh yieldVacant | $450K | $50K$50K | 10% |
| Dallas, TX Stabilized | $2.6M | $108K$108K | 7.2% |
| Dallas, TX Stabilized | $1.35M | $59K$59K | — |
| Dallas, TX High yieldVacant | $450K | $50K$50K | 23.4%gy |
| Dallas, TX High yieldVacant | $450K | $50K$50K | 23.4%gy |