510 Good Latimer ExpyDallas, TX 75226

For Sale
Call for price

310-unit apartment building, prime Dallas location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 310-unit apartment building located at 510 S Good Latimer Expy, Dallas, Texas, 75226. The property boasts a total of 24,320 square feet and is classified as Multifamily, Mixed Use with a permitted zoning of PD 357 - Subdistrict 7. This transit-oriented development is strategically situated across from the DART Deep Ellum commuter rail station, benefiting from excellent accessibility and connectivity. The development is part of a larger project that includes significant office, retail, and hotel components, creating a vibrant and dynamic mixed-use environment. The property's location within a rapidly developing area, coupled with a significant infrastructure improvement project by TxDOT, promises substantial future growth and increased property values. This project aims to connect the Fair Park and Deep Ellum submarkets, enhancing pedestrian accessibility and driving further economic development. The TxDOT initiative includes the construction of additional main and auxiliary lanes on I-30, along with frontage roads, bicycle lanes, and pedestrian accommodations, significantly improving traffic flow and overall infrastructure. This investment offers a unique opportunity to capitalize on the anticipated surge in residents and jobs resulting from this multi-billion dollar infrastructure project. The property's strong fundamentals and prime location make it an ideal investment for discerning buyers seeking exposure to Dallas's thriving real estate market.

Highlights

  • 310-unit multifamily/mixed-use apartment building totaling 24,320 square feet, located at 510 S Good Latimer Expy, Dallas, TX 75226, with PD 357 - Subdistrict 7 zoning.
  • Transit-oriented development across from the DART Deep Ellum commuter rail station in a rapidly developing area.
  • Significant infrastructure improvements by TxDOT, connecting Fair Park and Deep Ellum, enhancing pedestrian access and driving economic development, including I-30 improvements with added lanes, frontage roads, and pedestrian/bicycle accommodations.
  • Multi-billion dollar TxDOT project will boost property values due to an influx of residents and jobs.

Property Details for 510 Good Latimer Expy

Property type
Multifamily properties, Apartment buildings
Square Feet
24,320 SF
Units
310

Location Insight

City
Dallas
County
Dallas
State
Texas
Latitude
32.7805011
Longitude
-96.7850708
510 Good Latimer Expy, Dallas, Texas

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510 Good Latimer Expy
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