INVESTMENT OVERVIEW
Rowan Multifamily Advisors is pleased to exclusively offer The Atlas Apartments located in Dallas, TX. Constructed in 1962, the property consists of 59 units, with an average size of 929 square feet per unit. The subject property includes individual HVAC units to provide air conditioning and heat to all units and new boilers that supply domestic hot water. The property has had significant capital infusions to the interiors, exteriors, and common areas by the current owner, allowing a new investor to focus on unit interior upgrades and aggressive operations.
INVESTMENT HIGHLIGHTS
•Strong Value-Add Potential – Only 10% of Unit Interiors Upgraded
•Infill Location just 3.5 Miles from Downtown Dallas
•Located Right Across the Street from Stevens Park Elementary School
•New Multifamily, Single Family, and Retail Development within 0.1 Miles
•New Financing Available
LOCATION HIGHLIGHTS
•2.3 Miles from Trinity Groves
•0.5 Miles from Stevens Park Golf Course
•2.0 Miles from Bishop Arts District
•2.2 Miles from Methodist Dallas Medical Center
•3.4 Miles from Downtown Dallas
•3.7 Miles from Victory Park