Overview
3100 Botham Jean is a 23-unit multifamily restoration opportunity located at 3100 Botham Jean Blvd in Dallas, Texas, within the Cedars/Southside district just south of Downtown Dallas.
Built in 1963, the property represents a heavy-lift value-add case requiring comprehensive renovation and is positioned for experienced operators seeking to execute a full-scope restoration. The property is located within a Qualified Opportunity Zone, offering potential federal tax incentives for investors structured through a Qualified Opportunity Fund (QOF). The property appeals to capital partners with construction expertise, operational depth, and tax planning sophistication.
Investment Highlights
The property comprises 23 units (22 two-bedroom apartments and one townhome) across three buildings totaling approximately 14,320 square feet.
Fire damage has affected eight units in the northwest and western portions, and the property requires full replacement of electrical, mechanical, and plumbing systems, comprehensive interior demolition and rebuild, microbial remediation, roof replacement, and common area restoration. A detailed third-party contractor estimate (Agave ATS, August 2026) documents the scope and cost requirements, providing prospective buyers with a clear baseline for underwriting and financial modeling.
With its strategic Cedars location, Opportunity Zone positioning, and excellent connectivity to Downtown Dallas and major employment centers, Botham Jean represents a significant value-add restoration opportunity within one of Dallas' steadily improving urban neighborhoods. Continued investment throughout the Cedars district, combined with sustained population growth and expanding employment opportunities across the metroplex, is expected to support long-term renter demand and neighborhood appreciation following stabilization.
