Apartments For Sale • 142,610 SF
| Stable Ownership: Only 3 owners in 45 years; consistent operations |
| Strong Occupancy: Averaged 97% over the last 4 years |
| Renovation Upside: 147 of 180 units in classic condition. 33 units upgraded, achieving $152–$229 rent premiums |
| Desirable Unit Mix: 56% 2bd/2ba, highest demand in the area |
| Attractive Debt Assumption: In-place Fannie Mae loan @ 4.3% with nearly 8-years of term remaining |
| Capital Improvements: $2.5M invested during current ownership. Includes new paint, Hardy siding, windows, balcony doors, and fencing |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| West Irving (Trinity Railway Express - Dallas Area Rapid Transit (DART)) | 5 min | - | 1.7 mi |
| 5 min | - | 2.8 mi | |
| Airport | Drive | Walk | Distance |
| Dallas-Fort Worth International | 13 min | - | 7.6 mi |
| Dallas Love Field | 20 min | - | 12.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 215 |
| Type: | Surface |
| Included in Rent: | Yes |