Dallas SFR Dynamic Portfolio

Listing was updated at: 12/10/2019
Property Overview
Price/Rent PSF $ 41,133,300.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 329,886
Date Available 12/10/2019
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Description

Location
The Dallas metropolitan area is located in the Central Time Zone in North Central Texas, 300 miles north of the Gulf of Mexico. According to the United States Census Bureau, as of 2017, the Dallas metropolitan area is the fourth-largest in the country at 7.3 million people. Dallas is the main core of the largest inland metropolitan area in the U.S. that lacks any navigable links to the sea.

Most of the Dallas area population tends to be young professionals, however, young families create a close-knit community in the surrounding suburbs. Exuberating Texas pride, the Dallas area is a mix of cosmopolitan offerings and cowboy lifestyles. From trendy bars to backyard parties, residents experience a mix of big-city excitement and suburban living.

The city of Dallas is considered a “beta” global city. The economy is diverse with major sectors including financial services, information technology, telecommunications, and transportation. Dallas developed as a strong industrial and financial center with a major inland port due to the convergence of major railroad lines, interstate highways and the development one of the largest and busiest airports in the world, the Dallas/Fort Worth International Airport. The top five publicly traded companies include AT&T, Energy Transfer Equity, Tenet, Healthcare, Southwest Airlines, and Texas Instruments, according to the Dallas Morning News.


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Go to www.SFRhub.com to custom search and view additional information!

A dynamic portfolio is an SFR or BFR portfolio where the number of homes available for purchase changes on a regular or fluid basis. The portfolio may consist of existing assets (SFR) or new construction (BFR) standing inventory builder homes. Properties may be added or removed by the seller at any time. Once the buyer is prepared to enter into a binding offer, the number of homes is finalized and locked down for closing. These dynamic portfolios are cherry-pickable with a minimum required purchase of five homes. This allows an investor to select only those homes that meet their specific investment criteria, whether by cash flow, location, return projections, valuation, or many other key components to a buyer’s ‘Buy Box’.


A dynamic portfolio is an SFR or BFR portfolio where the number of homes available for purchase changes on a regular or fluid basis. The portfolio may consist of existing assets (SFR) or new construction (BFR) standing inventory builder homes. Properties may be added or removed by the seller at any time. Once the buyer is prepared to enter into a binding offer, the number of homes is finalized and locked down for closing. These dynamic portfolios are cherry-pickable with a minimum required purchase of five homes. This allows an investor to select only those homes that meet their specific investment criteria, whether by cash flow, location, return projections, valuation, or many other key components to a buyer’s ‘Buy Box’.

This Dallas area dynamic SFR portfolio offers a number of investment homes available for purchase and provides acquisition flexibility for the buyer. This dynamic portfolio consists of existing SFR properties in which the seller may add or remove as availability changes weekly. The number of properties is locked down for the transaction once the purchase contract is accepted by all parties. This SFR dynamic portfolio is cherry-pickable with a minimum purchase of five homes, allowing an investor to select only those homes that meet their specific investment criteria. With the ability to customize the portfolio, investors can purchase in bulk directly from the seller on SFRhub.com while creating the highest yields and returns.

The homes in this portfolio have completed recent renovations and are in like-new market condition. Less repair expenses and capital expenditures that may decrease operating expenses, increasing the bottom-line net operating income (N.O.I.). The SFR portfolio is comprised of rental homes located throughout the Dallas metropolitan area including, but not limited to, Dallas, Fort Worth, Mesquite, Plano, Arlington, Wylie and Sachse.

The Dallas market is currently growing in both employment rates (3.4%) and household size (2.4%), according to *John Burns Real Estate Consulting. Home occupancy rates are at an incredibly high rate of 93.7%. The median single-family rent is approximately $1,605 per month, with year-over-year growth of 3.2% from 2017.

Location