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Capstone is delighted to present Paragon Apartments, a 38-unit apartment complex situated in the Dallas Metropolitan area. Constructed in 1959, the property currently operates with a boiler chiller system, presenting a significant value-add opportunity for new ownership to transition to mini-split units. Additionally, there is potential to enhance value by installing washer and dryer hookups and appliances in each unit. The property benefits from an assumable loan featuring an interest rate well below current market levels. Paragon Apartments boasts a central location, just minutes from downtown Dallas, major highways, and high-paying employment opportunities. This strategic positioning makes it an attractive option for both investors and residents alike.

Investment Highlights:

  • Value-Add Opportunity
  • Assumable Loan
  • Strong Submarket
  • Address 4718-4722 Regier Ave
  • City Dallas
  • State/county Texas
  • Zip/Postal Code 75246

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