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Under Contract
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Multifamily

The Azul

Dallas, TX

362 Units

Built in 1983

Value Add

Investment Highlights

  • Substantial upside opportunity by enhancing unit interiors, Upgraded units could command up to $100 monthly rent premiums
  • Opportunity to increase revenue by raising rents to current market rates, market rents at up to 20% below nearby competitors
  • Spectrum cable and internet contract to create outstanding value - More than $193,000 annually
  • Opportunity to add value by installing pet yard to first floor units and implementing reserved parking

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