Multi Family Real Estate Investment - 2401 Berwick Avenue Dallas TX | Multifamily Property for Sale | Multi Family Apartments for Sale

2401 Berwick Avenue is a 16 unit value add opportunity located in Dallas, TX with easy access to I-35 & I-45 and Franklin D Roosevelt High School. The 1951 built, low rise garden property is presently self-managed, is comprised of 16 total units, all one bedrooms, 14 units are 750 sf and 2 units are 1,125 sf. The offering is ideal for local Dallas investors seeking a hold with historically high occupancy with a relatively lower barrier of entry. Buyers can add value throughout capital improvements, and stringent property management practices.
There is a $1,040,000.00 Freddie Mac 4.21% loan in place due July 2030. Depending on a investors strategy they can elect to make modifications and refinance or prepare to sell prior to the due date. Multifamily investors seeking a low barrier entry opportunity, in a thriving market should strongly consider Berwick Apartments.

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.