Description
INVESTORS ONLY. Sold as a package of 4 full duplexes, including 4022 Walker St, 4026, Walker St, and 4036 Walker St. As is. Excellent value-add opportunity in an up & coming Oak Cliff location with land values on the rise. Month-to-month leases with long-term tenants in place. Utilities are separately metered for each unit and paid by tenants. One unit has been partially updated and is currently vacant for renovation. With full updates, rents could be increased substantially. Several new builds on Walker. This could be a great opportunity for redevelopment. See the OFFERING MEMORANDUM in documents for pro forma income & expense projections. Projected cap rate is 7.84%
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12BEDS
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0.18ACRES
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4BATHS
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01/2 BATHS
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5,916SQFT
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$160$/SQFT
School Information
Description
INVESTORS ONLY. Sold as a package of 4 full duplexes, including 4022 Walker St, 4026, Walker St, and 4036 Walker St. As is. Excellent value-add opportunity in an up & coming Oak Cliff location with land values on the rise. Month-to-month leases with long-term tenants in place. Utilities are separately metered for each unit and paid by tenants. One unit has been partially updated and is currently vacant for renovation. With full updates, rents could be increased substantially. Several new builds on Walker. This could be a great opportunity for redevelopment. See the OFFERING MEMORANDUM in documents for pro forma income & expense projections. Projected cap rate is 7.84%
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