3704 W Beverly Drive, Dallas, Texas 75209

$3,500,000
12
BD
List Price
$3,500,000
MLS#
14373566
Status
ACTIVE
Type
Multifamily
Year Built
2018
Construction Status
New Construction - Complete
Bedrooms
12
Full Baths
12
Half Baths
4
Acres
0.37
County
Dallas
Area
UNIVERSITY PARK/HIGHLAND PARK AREA (25)
City
Dallas
Subdivision
La Foy Place Add

Property Description

Fully leased 4 Single Family Attached new construction homes built by Hudson Construction Group. Combined doubled lot allowed for a large shared driveway and optimal design plan on highly desired W. Beverly Dr. Total rental income $25,000 month with zero maintenance and high quality tenants First floor, boasts kitchen, living, and study. 2nd floor has 3 bedrooms all with en-suite baths. 3rd floor is a game room and wet bar that opens to rooftop terraces with views of downtown. Oversized 22*22 garages and turfed yards are just some of the many design elements that make this property very desirable for future renters or selling individually down the road.

Additional Information

HOA
No HOA
Annual Insurance
8000
Gross Annual Expenses
60000
Gross Annual Income
288000
Lot Dimensions
118*135
Lot Size
15,942
Acres
0.37
Lot Description
Interior Lot
Subdivided
No
Interior Features
Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Smart Home System, Wet Bar, Window Coverings
Flooring
Stone, Wood
Foundation
Piered Beam Slab
Roof
Composition
Stories
3
Street Utilities
City Sewer, City Water
Heating Cooling
Central Air-Elec, Central Heat-Gas
Exterior
Gutters, Roof Top Deck/Patio
Construction Material
Brick, Frame/Brick Trim, Siding
Parking Garage
Garage, Garage Door Opener
Total Num Parking
8
School District
Dallas Isd
Elementary School
Maplelawn
Middle School
Rusk
High School
North Dallas
Proposed Financing
Cash, Conventional
Building Sq. Ft.
12200
Number of bldgs.
4
Number of units
4
Possession
Closing/Funding
Cap Rate
6.29

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Allie Beth Allman & Assoc..