Colliers International is pleased to exclusively offer to qualified investors the opportunity to purchase a portfolio of thirty five (35) single family rental homes in the Dallas, Texas MSA.
Thirty-one of the assets are ideally located within the same two zip codes (75217 and 75227) with the remaining assets within close proximity on the east side of Dallas proper. This portfolio has remained nearly fully leased for the balance of the tumultuous 2020 calendar year with collections being comparable to years prior. Occupancy is driven by the unique strength of the asset class, the economic diversity of Dallas and the high demand for stand alone rental homes during the pandemic driven lockdown measures.
All the leases in this portfolio are on a monthly basis, giving future investors the opportunity to immediately adjust rents to the market which has remained stable through the most recent downturn and is now in a cycle of rapid expansion.