The District

INVESTMENT SUMMARY

This 52-unit boutique courtyard style complex located in the prime Oak Lawn submarket was completely repositioned. The District is located just minutes from Uptown, Downtown and Highland Park. The boutique complex is surrounded by large Class A New Construction multi-family product. Since the renovated by EMG, cashflow has been increased from $265,000 annually to $740,000.

PROPERTY DETAILS

• 52 units
• 28,676 sq ft
• Extensive Rehab
• Complete Q2 2018

INVESTMENT DETAILS

• EMG realized an additional $4mil of built-in equity after the rehab was completed
• Current Investment is yielding a 14% cash on cash return
• Purchased as one of the last original buildings remaining
• One block from the Dallas North Tollway