The 32 unit Shepherd Lane Apartments is a strong investment with some value-add potential in a growing submarket of Dallas. This property is currently operating at an NOI of $165,982 and is 90.6% occupied. Unit sizes are larger than average for the area, with 2 bedroom units featuring washer-dryer connections, private
patios, and wood-burning fireplaces. Over $310,000 has been spent on capital improvements by the current owner since 2017. Exterior renovations include: Resurfaced parking lot, security gate installation, and exterior painting. About 90% of the unit interi.... For full financials, Offering or Tour Procedures, please view the Offering Memorandum attached in the MLS Transaction Documents.
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Listing information last updated on May 30th, 2020 at 10:15pm CDT.