Property Type
Apartment
Location
Northwest Dallas
Year Built
1973
Total Units
320
Apartments
El Sol Del Lago, Dallas
Offering Summary
Purchase Price
$ 27 Million
Min Investment
25,000
Target IRR
14.40 %
ROI
111% (5 years)
Cash Flow
6 - 8 %
Over View .
A strong value add, owner managed 320 –apartment homes in a two story, garden-style. Constructed in 1973, located in Northwest Dallas, Texas. Premium location within the Bachman Lake area, between Dallas North Tollway and Elm Fork Trinity River and houses Dallas Love Field Airport.
Community Amenities .
- Beautiful Landscaping
- Picnic Area
- Laundry Facility
- On-site Maintenance
- On-call Maintenance
- Playground
Apartment Features .
- Balcony or Patio
- High Speed Internet Access
- Pergola & BBQ*
- Ceiling Fans
- Central Air Conditioning
- Updated Kitchens*
- Extra Storage
- Granite Countertops*
- Faux Wood Vinyl Flooring
- Pantry*
- Walk-in Closets
- Washer and Dryer Connections*
Gallery .
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Why Invest .
Investing in El Sol Del Lago offers a secure and passive income opportunity for investors seeking stability and consistent returns. Here’s why it’s an ideal choice:
Stability through Ownership
As an investor, you gain direct ownership and management control over El Sol Del Lago, providing a sense of security and the ability to influence the property's performance.
Prime Location
The property's prime location in Northwest Dallas, Texas, between the Dallas North Tollway and the Elm Fork Trinity River, ensures a steady flow of potential tenants, enhancing the stability of rental income.
Rental Income Potential
With below-market rents and the opportunity to upgrade all units, El Sol Del Lago presents a clear path to increasing rental income over time, delivering a reliable and growing revenue stream.
Strong Sub-Market
The sub-market's robust fundamentals, including organic rent growth exceeding 4% and consistently high occupancy rates, contribute to the property's stability and the reliability of rental income.
Value Enhancement
Significant capital expenditure (Capex) and strategic business initiatives provide avenues for enhancing the property's value and increasing income, further strengthening your investment's stability.
Projected Returns
El Sol Del Lago offers the potential for impressive returns over time. The average projected cash-on-cash (COC) return of approximately 6% or more over a five-year period aligns with the goal of passive income generation.