Located in Irving, TX a suburb of DFW Metroplex one of the fastest growing metroplexes in the United States. This multifamily property offers 18 units and is at 100% occupancy. There is a good balance between one-bedroom and two-bedroom units. This property has an onsite laundry room. Units have been renovated with flooring, appliances, and countertops and have maintained healthy occupancy since ownership. This is a value-added property for investors to increase rental amounts, and implement online presence and marketing. With multifamily rebound in the DFW metroplex, it is an encouraging sign that tenants will renew and more tenants will be in favor of signing new leases.
Vanguard Real Estate Advisors (VREA) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 3 acre development tract in Irving, Texas (the Site) located one quarter of a mile South of SH 183. The Site is zoned C-OU-2 Commercial Outdoor, which allows for a multitude of commercial uses. Located just 2 miles south of DFW International Airport, less than a mile east of President George Bush Turnpike, and 4 miles west of SH 114, the Site is in close proximity to major roadways, employment, logistic hubs. The Site represents a great opportunity to acquire well-situated commercial land at an attractive price of only $915,000, which equates to $7.
Prime residential property with potential for townhome rezoning. Convenient location, sizable lot, and investment opportunity in a growing community. New Townhomes have been built nearby. Plenty of amenities nearby that make this an excellent spot for new builds.