1415 Bennett, Dallas, Texas

Description

1415 Bennett is a fully rehabbed, boutique multifamily asset in a dynamic, urban infill submarket in Dallas. Strategically located in the highly sought after East Dallas corridor, the property benefits from immediate proximity to Downtown Dallas, Deep Ellum, Lower Greenville, Knox-Henderson, and Baylor University Medical Center -- key demand drivers that support strong and consistent rental performance. The asset also benefits from its highly walkable location, making it easy to access restaurants, parks, retail and grocery stores. Built in 1957 and completely reconstructed to the studs in 2019, the property's 18 units carry an effectively new construction profile without the new construction price. The full-gut renovation delivered entirely new electrical, plumbing, roofing, mechanicals, stone countertops, cabinets, stainless appliances, vinyl plank flooring, in-unit stackable washer and dryers, and an electric entry gate -- eliminating the capital risk typically associated with a vintage asset. For an investor seeking stabilized cash flow in a supply constrained infill location, 1415 Bennett offers an uncommon combination of modern finishes, low deferred maintenance, and irreplaceable East Dallas positioning. Property is currently 100% occupied and consists of all one bedroom units ranging from 480-630 SF.

Directions: Google maps. Street parking