East Dallas Multifamily Site

Investment Overview

SLJ Company, LLC (“SLJ”) has been exclusively retained to offer this 21,706 square foot multifamily development site at 4927 Gaston Ave in Dallas, Texas. Located east of Hwy 75 and north of Interstate 30, this site has exposure to rapidly improving demographics and easy access to many area traffic drivers. The Property’s prime location offers the opportunity to participate in the area’s transformation along with developers such as Trammell Crow Residential, JLB Partners, Alliance Residential, Mill Creek Residential Trust among others.

Investment Highlights

• Excellent Location: Located on Gaston Ave between N Fitzhugh Ave and N Munger Blvd, the Property sits on a major traffic artery in East Dallas. The area is quickly redeveloping with over 4,600 new multifamily, condo and townhome units in developments such as Alexan Ross, Encore Swiss Ave and Modera Hall Street, among others. The Property is just minutes from Downtown Dallas, Baylor University Medical Center, Deep Ellum and Dallas’ Uptown and East Dallas Neighborhoods.
• Multifamily Site: The Property is 21,706 square feet with high visibility and excellent access. This site is zoned for multifamily, duplex and single family uses.
• Strong Demographics: With a population of approximately 34,546 and 183,983 living within a 1 and 3 mile radii of the Property respectively, the Property benefits from a dense pool of consumers in close proximity. The population within a 3 mile radius of the Property has experienced a dramatic 24.62% increase since 2010. Additionally, the average household income within a 3 mile radius of the property is $103,360.
• Many Area Traffic Drivers: Retailers in close proximity to the Property include Aldi, CVS Pharmacy, AutoZone, Family Dollar, Schlotzsky’s and Starbucks, among many others.