Calling all investors! Newly renovated, stabilized, cash flowing asset in hot upper Gaston corridor. Offered at a 5.8% Cap Rate and 15.32% IRR. Property offers a value-add lite opportunity. 4 units are rent controlled (Dallas City and County LURA). LURA expires May 2021. All units upgraded to the same standard. Electricity is individually metered and paid by the tenants. Each unit has W-D connections. Increase revenue by RUBS on remaining utilities. Great 1031 candidate. Call today to get more information about this fantastic opportunity.
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