Eastwind Portfolio

5635 Gaston Ave, Dallas, TX 75214

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Lot Size 0.6 SF
  • Year Built 1962
  • Date Updated Aug 6, 2026

Description

The Eastwind Portfolio is a 251-unit, seven-property multifamily portfolio located in the highly desirable Old East Dallas submarket. Built between 1958 and 1974, the portfolio offers a mix of studio, one-bedroom, and two-bedroom floor plans in an infill location just minutes from Downtown Dallas, Baylor Scott & White, Lakewood, and Lower Greenville.

Current ownership has invested approximately $1.37 million in capital improvements, including exterior upgrades, HVAC replacements, MEP work, and fencing, significantly reducing near-term capital needs. With occupancy currently at 63%, the portfolio presents a compelling value-add opportunity through lease-up and rent growth, with only six units offline and minimal remaining renovation costs.

Offered at a basis well below replacement cost and recent area trades, The Eastwind Portfolio provides investors the opportunity to acquire scale in one of Dallas’ most supply-constrained neighborhoods. Surrounded by affluent areas such as Lakewood and the M-Streets, the portfolio is positioned to benefit from strong demand for attainable housing in a premier urban location.

Available

Contacts

Location

Located at 5635 Gaston Ave, Dallas, TX 75214, this property is part of the Munger Place neighborhood.

Contact Eastwind Portfolio
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