This multifamily property presents a compelling opportunity for investors seeking value-add potential in the Dallas-Fort Worth market. Serious Portfolio Value Add! this asset offers the ability to increase income through strategic improvements and rental adjustments.
The property features multiple units with functional layouts and a location positioned within a strong rental corridor. Current operations provide a foundation for increased net operating income, with market data supporting higher rental rates in the area.
10 units, 1,2, and 3 bedroom choices. 4 buildings for tenants and an extra building for storage! So much potential in one property in a high renter populated city. This is truly a special income property.
Investors will appreciate the opportunity to enhance cash flow through:
Rental rate optimization based on local comparables
Interior and exterior updates
Operational efficiencies
This opportunity may be suitable for investors looking to expand or diversify a real estate portfolio within a high-demand region.
Additional financials, rent roll, and property details available upon request.
With its prime Irving location, strong tenant appeal, conveniently located between Dallas and Ft. Worth. With a solid 13.5 NOI, and a 4.9% cap rate, this property represents both stability and opportunity for investors.
10,088 Sq Ft
0.884 Acri privati Dimensione del lotto
investimento
Costruito in 1972
MLS/ID annuncio 21231711
10 Unità
Funzionalità integrate
Parking - Garage
Parking - Additional Parking
Ventilatore di scarico ventilato
Smaltimento
Lavastoviglie
Construction - Brick
Cooling - Electric
Raffreddamento - Aria condizionata centralizzata
Cooling - Ceiling Fans
Slab
Heating - Electric
COSTO MENSILE TOTALE
0 USD
0 USD
0 USD