Town Central Apartments is a 24-unit multifamily property located in the downtown Garland area of the Dallas–Fort Worth metroplex. Constructed in 1983, the community offers a 1 and 2 bedroom unit mix. The value add opportunity for future owners exists through interior enhancements.
The property is situated one block east of Garland High School with convenient access to S. Garland Road, providing strong visibility and connectivity to major employment centers, retail, and public transit. Walking distance to downtown Garland amenities, dining, and entertainment. Freddy Mac assumable loan available for qualified buyers.
Recent ownership has completed multiple capital improvements such as a new roof, exterior carpentry and rehabbed a handful of units that prove the pro forma market rent. Current property management is able to maintain 90% occupancy to help buyer secure financing. The asset presents a stable asset with value add potential.
Town Central Apartments is well positioned within a supply-constrained submarket and benefits from established residential demand. Property tours are available by appointment. Buyer to independently verify all information, including unit count, square footage, condition, and zoning.
14,720 Sq Ft
0.689 Private Acres Lot Size
Apartment
Built in 1983
MLS/Listing ID 21154218
24 Units
Heating - Electric
Slab
Carpet
Ceramic Tile
Vinyl
Cooling - Electric
Cooling - Wall/window unit(s)
Construction - Wood
Construction - Brick
Dishwasher
Disposal
Electric Oven
Parking - Concrete
Lot - Subdivision
Shingle
Electric Range

TOTAL MONTHLY COST
-
-
-