4915 Reiger Avenue Apartments

Capstone is pleased to present 4915 Reiger Apartments, a 12-unit low-rise apartment community located in Dallas, TX. Nestled within the Munger Place neighborhood in Dallas’ urban core, 4915 Reiger offers boutique apartment living at an affordable rate. The Old East Dallas Submarket has proven an appetite for renovated apartments, achieving $400+ rental premiums when renovating classic units at properties of a similar vintage and quality. Additionally, the property is located just over one mile from the Baylor University Medical Center and just over three miles from Dallas’ Central Business District, affording residents an expedited commute to the wealth of employment opportunities that exist within the immediate area. 4915 Reiger presents an excellent opportunity for an investor to acquire units at a great location in Dallas’ core, with immediate value-creation opportunities available.

Investment Highlights:

Income Growth Potential

Proximate to Region’s Demand Drivers

Submarket Supports Value-Add

Strong Dallas Housing Agency Maximum Subsidies