Located in the red-hot Old East Dallas submarket, 1000 Grigsby is
a 15 unit MF building now available for sale. Grisgby features a great
unit mixture of spacious 1, 2, and 3 bedroom units that have been
fully remodeled with newer appliances, faux wood flooring, updated
bathrooms, fresh paint, and much more. The property also features
security gate access, common courtyard, covered parking, and
laundry room. The property is separately metered for electric and
mastered for gas and water. The property currently accepts Section
8 Housing which offers more rent than afforded by market rates and
a guaranteed source of payment. The value lies in bringing all units
up to the maximum allowable rent by the Housing Authority. A great
strategy for a long-term cash flowing asset
