JC Village Apartments
2401 Berwick Avenue,
Dallas, TX 75203
 
$1,500,000
Price
16
Number of Units
$93,750
Price Per Unit
7,920
Building SF
7.11%
Cap Rate
27,325
Land SF
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$1,500,000
Price
16
Number of Units
$93,750
Price Per Unit
7,920
Building SF
7.11%
Cap Rate
27,325
Land SF
This multi-family property at 2401 Berwick Avenue presents a prime investment opportunity for discerning buyers seeking to maximize their return on investment. With a strong rental history and significant potential for increased rental income, this property offers a lucrative avenue for long-term financial growth and wealth accumulation. Enjoy a stable and consistent income stream with this well-maintained multi-family property. The current tenants provide a reliable source of rental income, ensuring steady cash flow and financial security for the future. This property is an ideal choice for investors looking to secure a dependable and appreciating asset in a thriving market. Situated in a desirable and growing location, this property holds immense potential for value appreciation. With strategic renovations, updated amenities, or rent adjustments, there is ample opportunity to enhance the property's market value and increase rental revenue. The location's strong demand for housing further solidifies the property's ability to deliver sustained profitability and long-term success. Don't miss out on this exceptional investment prospect. Act now to capitalize on the future growth and profitability potential of 2401 Berwick Avenue. Secure your foothold in a competitive market and take the next step toward financial success with this prime multi-family property.
Onyx Legacy Group is excited to introduce Berwick Apartments, a 16-unit multifamily complex in Dallas, Texas. Situated in a prime residential neighborhood, this property is designed to offer modern living with high-quality finishes and thoughtfully curated amenities. The location provides tenants with convenient access to key employment districts, shopping destinations, and recreational areas, making it an ideal choice for young professionals, families, and long-term residents. Located near major highways and public transit options, Berwick Apartments ensures seamless connectivity to downtown Dallas, Uptown, and the broader DFW metroplex. The area boasts strong rental demand, fueled by the city's ongoing economic expansion and population growth. With its proximity to top-rated schools, parks, and entertainment hubs, the property is well-positioned to attract tenants looking for a blend of comfort, convenience, and accessibility. This boutique 16-unit development presents a compelling opportunity for investors seeking a high-quality asset in a thriving submarket with long-term appreciation potential. Contact us today for further details and to learn more about this exciting investment opportunity. The area surrounding 2401 Berwick Avenue is experiencing significant economic growth, bolstered by several key developments: Reunion Redevelopment: A $5 billion project transforming the former Reunion Arena site into a vibrant mixed-use district. Plans include 3,000 apartments, a 1,000-room hotel, 150,000 square feet of retail space, and 2 million square feet of office space surrounding a 4-acre park. This development aims to enhance the downtown Dallas area and provide numerous employment opportunities. University of North Texas (UNT) Dallas STEM Facility: A $100 million, four-story STEM facility is under construction at UNT Dallas. This state-of-the-art building will feature biology and chemistry labs, supporting pathways to high-demand healthcare careers for first-generation students. The facility is expected to attract a diverse student population and stimulate economic activity in the area. Within a one-mile radius of 2401 Berwick Avenue, the median household income is approximately $40,079, which is below the citywide median of $67,760. This suggests a community with potential for economic growth and development, making 2401 Berwick Apartments an attractive option for residents seeking affordable, quality housing in an evolving neighborhood. The strategic location of 2401 Berwick Apartments, combined with the ongoing economic developments and favorable income demographics, positions this property as a promising investment opportunity in the dynamic Dallas real estate market.
FOR MORE DETAILS CONTACT
Mark Allen, CCIM
Managing Principal
(817) 723-4274
Mallen@onyxlg.com
589645
Courtland Charles
Managing Principal
(214) 403-9153
ccharles@onyxlg.com
673649
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