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Marissa Fontanez

[email protected] +1(214) 789-9187

$4,695,000

Est. payment - /mo

18 Beds

32 Baths

26,178 SqFt

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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Square Footage 26,178 sqft

Subdivision 707 Commerce

MLS Listing ID 21292265

Bedrooms 18

Full Baths 18

Half Baths 14

HOA Y/N Voluntary

Total Fin. Sqft 26178

Year Built 2020

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Multiple Single Units

Property Description

707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant 16 unit townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units. With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernized systems, and upgraded amenities designed to meet the expectations of today's urban renter or homeowner. Pictures do not represent current condition. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.

Location

State TX

County Dallas

Direction Commerce & Sylvan.

Interior

Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Concrete, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater

Heat Source Central

Exterior

Garage Spaces 16.0

Utilities Available All Weather Road, City Sewer, City Water, Concrete, Electricity Available, Electricity Connected

Roof Type Flat

Total Parking Spaces 16

Garage Yes

Building

Story Three Or More

Foundation Pillar/Post/Pier

Level or Stories Three Or More

Structure Type Board & Batten Siding,Concrete,Siding,Wood

Schools

Elementary Schools Peeler

High Schools Pinkston

School District Dallas Isd

Others

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21292265

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Richard Scheurer • CMS Strategic Partners, LLC

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

2303 Spencer Court Dallas, TX 75208

Marissa Fontanez

Key Details

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Interior

Exterior

Building

Schools

Others

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2303 Spencer Court

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