highland - new construction | turnkey | leased€¦ · highland - new construction | turnkey |...

HIGHLAND - NEW CONSTRUCTION | TURNKEY | LEASED2430 Highland Rd, Dallas, TX 75228

LOGAN [email protected]

WA L L E R G R O U P, L . L . C .5115 McKinney Ave

Dallas, TX 75205214.736.1500

https:wallergrouphomes.com

Presented By:

M U L T I F A M I L Y P R O P E R T Y F O R S A L E

WALLER GROUP || 5115 McKinney Ave || Dallas, TX 75205 || 214.736.1500 || https:wallergrouphomes.com 2

C O N F I D E N T I A L I T Y & D I S C L A I M E R

2430 Highland Rd, Dallas, TX 75228HIGHLAND - New Construction | Turnkey | Leased

CONFIDENTIALITY & DISCLAIMER

All materials and information received or derived from Waller Group, L.L.C. its directors,officers, agents, advisors, affiliates and/or any third party sources are provided withoutrepresentation or warranty as to completeness , veracity, or accuracy, condition of theproperty, compliance or lack of compliance with applicable governmental requirements,developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all othermatters.Neither Waller Group, L.L.C. its directors, officers, agents, advisors, or affiliatesmakes any representation or warranty, express or implied, as to accuracy or completenessof the any materials or information provided, derived, or received. Materials andinformation from any source, whether written or verbal, that may be furnished for revieware not a substitute for a party’s active conduct of its own due diligence to determinethese and other matters of significance to such party. Waller Group, L.L.C. will notinvestigate or verify any such matters or conduct due diligence for a party unlessotherwise agreed in writing.EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENTINVESTIGATION AND DUE DILIGENCE.Any party contemplating or under contract or inescrow for a transaction is urged to verify all information and to conduct their owninspections and investigations including through appropriate third party independentprofessionals selected by such party. All financial data should be verified by the partyincluding by obtaining and reading applicable documents and reports and consultingappropriate independent professionals. Waller Group, L.L.C. makes no warranties and/orrepresentations regarding the veracity, completeness, or relevance of any financial dataor assumptions. Waller Group, L.L.C. does not serve as a financial advisor to any partyregarding any proposed transaction. All data and assumptions regarding financialperformance, including that used for financial modeling purposes, may differ from actualdata or performance. Any estimates of market rents and/or projected rents that may beprovided to a party do not necessarily mean that rents can be established at or increasedto that level. Parties must evaluate any applicable contractual and governmentallimitations as well as market conditions,vacancy factors and other issues in order todetermine rents from or for the property.Legal questions should be discussed by theparty with an attorney. Tax questions should be discussed by the party with a certifiedpublic accountant or tax attorney. Title questions should be discussed by the party with atitle officer or attorney. Questions regarding the condition of the property and whetherthe property complies with applicable governmental requirements should be discussedby the party with appropriate engineers, architects, contractors, other consultants andgovernmental agencies. All properties and services are marketed by Waller Group, L.L.C.in compliance with all applicable fair housing and equal opportunity laws.


O F F E R I N G P R O C E D U R E S


OFFERING SUMMARY

Sale Price: $1,300,000

Number Of Units: 7

Occupancy %: 100.0%

Year Built: 2018

Building Size: 6,500

This recently completed 7-unit property is uniquely located in the coveted East Dallas Lake Highlandssubmarket. The newly constructed complex was beautifully done, requiring no repairs or maintenance.Each unit has a washer and dryer. The property is individually metered with central heat and A/C. Tenantspay all bills except water. The property will be delivered at 100% occupancy, and the first year of rent isguaranteed. The property also carries a one-year builder's warranty against all workmanship and materialdefects, as well as an 8-year warranty on all appliances and mechanicals. Waller Group PropertyManagement will carry over to the new owner at a low rate of 4% EGI.

PROPERTY OVERVIEW

This property has the distinct advantage of being located in a single-family neighborhood in Dallas. WhiteRock Hills is a great neighborhood with quality tenants and a strong school district. According to theManPowerGroup Employment Outlook Survey, Dallas has one of the best outlooks for job growth. It isprojected that the Dallas metropolitan area will see a 14% increase in net employment outlook. Thisproperty allows easy access to I-30 and a short commute to Downtown Dallas. Tenants can enjoy miles oftrails around White Rock Lake or take a five-minute drive to the local Dallas Arboretum and BotanicalGarden.

LOCATION OVERVIEW


E X E C U T I V E S U M M A R Y



COMMUNITY FEATURES• Easy access to I-30

• Minutes from White Rock Lake and the Arboretum

• Nearby many schools, blocks away from Bayles Elementary

• Single-family home neighborhood

• Short commute to Downtown Dallas and many employers

INTERIOR FEATURES• Brand new solid surface flooring

• High ceilings

• Individual tankless water heaters

• Energy efficient, stainless steel appliances

• Kitchen islands with new countertops

• W/D connections and laundry room in each unit

• 8-year warranty on all appliances and mechanicals

• One-year warranty against workmanship or material defects

P R O P E R T Y F E A T U R E S



A D D I T I O N A L P H O T O S



U N I T M I X


SALE PRICE $1,300,000

LOCATION INFORMATION

Building Name HIGHLAND - New Construction | Turnkey | Leased

Street Address 2430 Highland Rd

City, State, Zip Dallas, TX 75228

County/Township Dallas

BUILDING INFORMATION

Building Size 6,500 SF

Occupancy % 100.0

Year Built 2018

PROPERTY DETAILS

Property Type Multifamily

Property Subtype Low-Rise/Garden

TAX INFORMATION

Taxes $16,666


P R O P E R T Y D E T A I L S



A S S I G N E D S C H O O L S M A P


highland - new construction | turnkey | leased€¦ · highland - new construction | turnkey |...

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