Property Description

6136–6140 Oram Street presents the opportunity to acquire a fully leased, professionally managed 10-unit townhome asset in the Lakewood neighborhood of Dallas, one of the city’s most supply-constrained infill locations, supported by a proven value-add model executed nearby. The property consists of 10 two-bedroom townhomes, offering an alternative to conventional multifamily and appealing to tenants seeking the space, privacy, and functionality of a single-family home within an urban setting. Each residence includes an attached two-car garage, private fenced backyard, open-concept living areas, in-unit laundry, and spacious bedrooms with en suite bathrooms. Kitchens feature stainless steel appliances and functional finishes, while private balconies extend the living space and reinforce the townhome-style design that has supported consistent occupancy. Located within walking distance of Lower Greenville and minutes from Lakewood and Downtown Dallas, the property benefits from strong, durable rental demand in an established neighborhood. The surrounding area is largely built out, with limited available land and minimal new townhome rental supply, making assets of this type difficult to replicate. The investment thesis is reinforced by a comparable repositioning completed in 2025 at 5830 Oram Street, three blocks away, where targeted interior and exterior upgrades produced measurable rental growth without structural renovation. 6136–6140 has not undergone those improvements, allowing a new owner to implement a similar program over time as units turn while maintaining in-place income. The offering combines stable cash flow with a clearly defined path to revenue growth in a submarket where comparable assets rarely come to market. Ask agent for financials and rent roll.

Property Features

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