Property Description

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 comparablesInterior and exterior updatesOperational efficienciesThis 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.

Property Features

Local Schools