- For Sale Contact for pricing
- Property Type Other
- Units 10
- Additional Rent Contact for pricing
- Date Updated Dec 9, 2024
Built in 1916, Crest Manor offers a unique opportunity for value enhancement through both interior and exterior upgrades. In Summer 2024, the ownership undertook significant renovations, including updating the exterior hallways, resealing the parking lot, and powerwashing and repainting the building. Investors can build on this momentum by modernizing the units with technology packages and contemporary finishes to attract higher-quality tenants, ultimately boosting rental income. The property’s historic charm, combined with these strategic improvements, positions it for substantial appreciation.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Superior Location - Crest Manor is ideally situated in Old East Dallas, providing convenient access to Downtown Dallas, major highways, and sought-after neighborhoods such as Deep Ellum and Lakewood.
- Investment Potential - Crest Manor presents a unique value enhancement opportunity through interior and exterior upgrades. Investors can capitalize on the opportunity by modernizing units with tech packages and contemporary finishes to attract higher-quality tenants and increase rental income.
- Strong Submarket - East Dallas is seeing rising property values and rental demand, attracting professionals and young families to its charming, high-demand neighborhoods.
- Excellent Walkability - Close to the Santa Fe Trail, White Rock Lake, and Lakewood, the area offers both urban convenience and access to outdoor activities.
- Financing Opportunity - The property is free of existing debt and may qualify for tax credits for future updates, making it a financially attractive option for investors.
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Contacts
Location
Getting Around
-
Walk Score ®
53/100 Somewhat Walkable -
Transit Score ®
26/100 Some Transit -
Bike Score ®
48/100 Somewhat Bikeable
- City Dallas, TX
- Neighborhood Lower Greenville
- Zip Code 75214
- Market Dallas Fort Worth
Points of Interest
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Lovers Lane
2.03 miles
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White Rock
2.55 miles
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Blackburn & West Village
2.68 miles
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CityPlace & Noble
2.71 miles
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CityPlace & McKinney
2.73 miles
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Cole & West Village
2.80 miles
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McKinney & Lemmon
2.88 miles
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Fair Park
2.97 miles
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McKinney & Hall
3.01 miles
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Cole & Bowen
3.09 miles
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Exxon
0.91 miles
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Chevron
1.04 miles
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eVgo
1.19 miles
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7-Eleven
1.34 miles
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Shamrock
1.38 miles
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Sunoco
1.45 miles
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Alon
1.47 miles
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QuikTrip
1.73 miles
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Valero
1.85 miles
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Tesla Supercharger
3.14 miles
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Lakewood Country Club Tennis Courts
0.74 miles
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Moody Parking Garage
2.02 miles
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Binkley Parking Garage
2.05 miles
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Hillcrest Parking Center
2.18 miles
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Airline Parking Center
2.29 miles
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Dallas Arboretum Parking
2.43 miles
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Daniel Parking Center
2.49 miles
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Residence Parking
2.50 miles
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DTS Commuter Lot
2.53 miles
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Lot 49
2.54 miles
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Highland Hotel
1.66 miles
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La Quinta Inn
1.92 miles
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Carrara at Cole Apartments
2.02 miles
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Best Western
2.11 miles
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Quality Inn & Suites Dallas-Cityplace
2.14 miles
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The Lumen
2.31 miles
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Palace Suites Dallas
2.38 miles
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Element Dallas Downtown East
2.52 miles
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Canopy by Hilton Dallas Uptown
2.67 miles
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DoubleTree
2.84 miles
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Chipotle
0.50 miles
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Jack in the Box
0.79 miles
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DoubleDave's
0.80 miles
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Hudson House
0.82 miles
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Lover's Pizza and Pasta
0.83 miles
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Taco Joint
0.83 miles
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Meso Maya
0.85 miles
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Poke Bop
0.86 miles
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Subway
0.87 miles
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Burger House
0.87 miles
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Lakehill Preparatory School
0.27 miles
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Saint Thomas Aquinas Catholic Church and School
0.56 miles
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Lakewood Elementary School
0.61 miles
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Geneva Heights Elementary
0.77 miles
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Mockingbird Elementary School
1.14 miles
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William Lipscomb Elementary School
1.16 miles
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J L Long Middle School
1.21 miles
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Woodrow Wilson High School
1.22 miles
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John F Kennedy Learning Center
1.54 miles
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Solar Preparatory STEAM School for Girls
1.71 miles
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East Dallas Developmental Center
0.79 miles
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Swiss Learning Center
2.60 miles
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Parent Day Out
3.71 miles
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Lil Rascals Learning Center
6.52 miles
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Little Rascals II Daycare & Learning Center
6.78 miles
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The Warren Center
7.40 miles
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Cornerstone Learning Center
7.61 miles
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Little Scholars Academy
8.08 miles
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Cisneros Pre-Kindergarten
8.13 miles
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Handprints Academy
8.18 miles
Frequently Asked Questions
The sale price for Crest Manor is available upon request. Contact the listing broker for more information.
Crest Manor totals 9,750 square feet.
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