Eban Village Apartments | Dallas, Texas - 3023 Park Row Ave, Dallas, TX 75215
Property Details
Eban Village, a Section 42 Low-Income Housing Tax Credit (LIHTC) affordable housing community currently in its extended use period expiring in 2052, consisting of 330 units located near Downtown Dallas, the famous Fair Park, DART Rail lines, retailers, and easy access to highways I-30, I-45, and US Route 75. The nine percent tax credit property has 19 pitched roof buildings spread across 14.88 acres and was developed in two phases. The first phase, 110 units, originally built in 1985, was completely renovated and delivered to market in 1999, and the second phase, 220 new units were delivered to market in 2001.
The buildings are individually metered, have individual HVAC’s, asphalt parking lot, and are surrounded by mature trees and shrubs. It was constructed with wood frames, stucco, brick, and hardie board siding exteriors, and concrete slab foundations. The property has copper wiring, is undergirded by PVC, copper, and cast-iron piping. Eban Village is a controlled access gated community, with iron perimeter fencing, features a standalone leasing office/clubhouse, fitness center, grill, four laundry facilities, picnic area, and a playground.
Eban Village contains 330 one, two, and three-bedroom apartments for rent ranging from 445 to 1,088 square feet. There are 32.4% One Bedroom, 32.7% Two Bedroom, and 33% Three Bedroom apartments in this community. Unit amenities include but are not limited to air conditioning, balconies, cable ready, ceiling fans, dishwashers, garbage disposals, refrigerators, storage space, scenic views, washer/dryer in select units, and select units that are wheelchair accessible. Current ownership has reportedly placed over $4.2 million in recent capital improvements but not limited to; roof replacements, exterior painting, new windows, gates and operators, interior unit upgrades, appliances, community room upgrades, office enhancements, grounds and landscaping improvements, stair improvements, and fire system repairs.
- Property TypeOffice
- Submarket
- Year Built1985Renovated 1999
- Total Acres6.14
- Property ID2115513