Lumen Deep Ellum
Multifamily
Deep Ellum
HELD
Address 987 Cedar St
Location Dallas, TX
Size 187 units
Built 2003
Occupancy 86.5%
Ownership Jv
Deal economics
Ask price —
NOI (annual) $2.4M
Cap rate 5.13%
LTM revenue $3.6M
LTM NOI $1.8M
Seller intent Cold
Top tenants
- Resident lumen--181 · 281$4k base
- Resident lumen--185 · 285$4k base
- Resident lumen--171 · 271$4k base
- Resident lumen--183 · 283$4k base
- Resident lumen--162 · 262$3k base
DD findings
- No findings yet — try running the Doc Room Auditor.
187-unit garden-style community in Deep Ellum, Dallas. Built 2003. Current occupancy 86.5%.