Royal Palms
$3,500,000
5520 Gaston Ave, Dallas, TX 75214
14,545 sqft
Building Size
0.5921 acres
Lot Area
Details:
Description:
Introducing a prime investment opportunity in the heart of Dallas, this distinguished Multifamily / High-Rise property epitomizes sophistication and modernity. Boasting a 14,545 SF building with 23 exquisitely appointed units, this 1959-built gem underwent a radiant renovation in 2018. With a coveted PD-99 zoning and a remarkable 90% occupancy rate, the property presents a compelling vision for discerning investors seeking to maximize their portfolio. Embrace the epitome of urban elegance and seamless convenience in this flourishing Dallas location. This property represents an unparalleled chance to garner substantial returns within a thriving real estate market.
Discover the allure of East Dallas from the vantage point of the prestigious Royal Palms. Situated mere minutes from the vibrant Lakewood neighborhood and White Rock Lake, the property boasts proximity to eclectic dining, revered cultural landmarks, and thriving entertainment hubs. Embrace an enviable lifestyle with easy access to the trendy shops of Lower Greenville and the bustling energy of Deep Ellum. With the serene oasis of the Dallas Arboretum and Botanical Garden just a stone's throw away, this sought-after location presents a compelling investment opportunity for Multifamily / High-Rise investors looking to capitalize on the area's growing desirability.
Location
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