5722 Gaston Ave |
|
| Price: | $1,450,000 |
| Property Type: | multi-family |
| MLS #: | 21324260 |
| Lakewood offers the opportunity to acquire a 12-unit apartment community that has been thoughtfully maintained by the same private owner for nearly a decade. Throughout the ownership period, the property has undergone a series of meaningful capital improvements designed to enhance both its physical condition and operational efficiency. Ownership has invested more than $226k into the asset, including the conversion of all units to central HVAC, individual utility metering, plumbing upgrades, a new central water heater, interior renovations, landscape improvements, and a new perimeter security gate. Additionally, the roof was replaced in 2020, further reducing future capital requirements for a new owner. Collectively, these improvements have addressed many of the major building systems that investors typically evaluate when acquiring a vintage apartment community. The community offers a mix of 1 and 2 bedroom units, with effective rents averaging $1,072. Please see OM in Transaction Desk and contact agent specified in notes section for questions, access to financials and tours. | |
| Area: | Dallas |
| Year Built: | 1958 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 0 |
| Virtual Tour: | Click here to view |
| Construction Materials : | Brick |
| Heating : | Central |
| Heating : | Electric |
Courtesy: Esther Cho • GSFREA LLC • 214-206-9559 
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
This content last refreshed on 07/19/2026 03:00 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
