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Property Details
- Property Type Other
- Units 112
- Additional Rent Contact for pricing
- Year Built 1989
- Date Updated Dec 17, 2024
Solaire Apartments is a fully affordable, 112-unit multifamily community located in the Oak Cliff submarket of Dallas in Dallas County, TX. The property was built in 1989 and is comprised of 9 two-story buildings with a combination of stucco and brick siding and pitched composition shingle roofs. Solaire Apartments offers a variety of spacious one-, two-, and three-bedroom floor plans featuring fully equipped kitchens, individual air conditioning, vinyl plank flooring, and washer and dryer connections. Common area amenities include a swimming pool, clubhouse, and a management office. The professionally maintained grounds span 5.32 acres and features open green spaces and a variety of mature trees and shrubs.
Reach out to the broker for more info on lease terms and amenities
Highlights
- The Asset: Solaire Apartments is a well-maintained 112-unit asset built in 1989 with over $1M in capital improvements.
- Amenities and Grounds: The community spans 5.32 acres, with a swimming pool, clubhouse, reserved parking spaces, and well-maintained green spaces.
- Investment Opportunities: Potential for rent increases through interior upgrades, washer/dryer installations, reserved parking, and water-saving devices.
- Financial and LURA Details: The property has 112 income-restricted units under a Land Use Restriction Agreement (LURA) until 09/2032, with attractive financing options and a strong cap rate (6 cap tax adjusted).
Getting around
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Location
- City Dallas, TX
- Neighborhood Fairmeadows
- Zip Code 75236
- Market Dallas Fort Worth
Points of Interest
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Westmoreland
3.40 miles
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Tyler/Vernon
5.15 miles
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UNT Dallas
5.46 miles
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Kiest
5.77 miles
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VA Medical Center
5.92 miles
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Ledbetter
6.04 miles
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Camp Wisdom
6.06 miles
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Illinois
6.10 miles
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Bishop Arts
6.52 miles
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Dallas Zoo
6.53 miles
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Exxon
0.84 miles
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Chevron
0.85 miles
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Texaco Gas Station
0.89 miles
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Valero - S&A Food Mart #2
0.97 miles
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Texaco
1.00 miles
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Valero
1.00 miles
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Shell
1.19 miles
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EVgo
2.00 miles
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Murphy USA
2.15 miles
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7-Eleven
2.33 miles
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Boulder Park Trailhead
1.09 miles
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Dallas Can! Academy Charter School Student Parking
5.93 miles
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Tiger Parking Lot
6.18 miles
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Bank Tower Parking
6.20 miles
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Downtown Public Parking
6.96 miles
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Emergency Parking
7.06 miles
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Pavilion II
7.13 miles
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Manor House
9.01 miles
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Rodeway Inn
0.75 miles
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Super 7 Inn
0.88 miles
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Royal Inn
0.92 miles
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TownHouse Suites
0.96 miles
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Hampton Inn & Suites
1.00 miles
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Ari Motel
1.03 miles
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Hilton Garden Inn
1.07 miles
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Holiday Inn Express & Suites
1.92 miles
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TownePlace Suites Dallas DeSoto
2.00 miles
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La Quinta Inn & Suites Dallas Duncanville
2.28 miles
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Super Mercado Cash Saver
0.97 miles
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Burlington
1.35 miles
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Kroger
1.36 miles
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La Michoacana Meat Market
1.89 miles
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WinCo Foods
1.95 miles
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Target
2.36 miles
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Ross
2.44 miles
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Fiesta
2.50 miles
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Tom Thumb 3563
2.51 miles
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ALDI
2.57 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.