Oak & Ellum_Property for Sale
Oak & Ellum_Property for Sale
2627 Live Oak St, Dallas, TX, 75204, US

Oak & Ellum

Asset Description

Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest Oak & Ellum (the “Property”) a 424-unit luxurious Class A asset in Dallas, TX. Located across the street from a Tom Thumb grocery store in a trendy neighborhood within the Dallas urban core, Oak & Ellum is positioned adjacent to the CBD providing residents with a true live, work, play environment. Built in 2015 with 29% of the units reconstructed in 2022, the Property is located along US-75, one of Dallas’ most heavily traveled thoroughfares, quickly connecting residents to some of the most desirable destinations in the city including Uptown, Victory Park, Deep Ellum, and the Arts District in addition to being located adjacent to a Tom Thumb grocery store. Offering premier interior finishes and luxurious amenity space, Oak & Ellum represents an extraordinary opportunity to acquire an asset at a significant discount to replacement cost with strong leasing velocity.


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Attributes

Number of units
424 units
Occupancy
69.30%
Year built
2015
Building area Net
29,721 m²
NOI
TRY 126,485,000

Media

Investment Highlights

  • Main & Main location with exceptional walkability
  • Core location at the heart of Dallas employment
  • Transit oriented community with superior connectivity
  • Irreplaceable product below replacement cost
Oak & Ellum 4_Property for Sale
Oak & Ellum 4_Property for Sale

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Oak & Ellum (0 Properties)

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Last updated
9 Aug 2023