Great multifamily investment opportunity in the heart of Grand Prairie, TX. 100% Leased! Five out of the six units have been remodeled, this property offers immediate cash flow and the potential for continued value add with rent bumps to market rates. Tenants pay for Electricity & Internet, and the owner pays for water, Sewer, and Trash. New owner upon lease renewals could start to bill back on water sewer and trash if they wanted to. Brand New roof in 2023!! All units are 2 bedrooms and 1 bathroom. This property has easy access to major highways, schools, shopping, and recreational amenities. Grand Prairie's steady growth ensures a consistent demand for rental units in this area. Reach out for more info on Financials! Expenses in the MLS include, Taxes, insurance, repairs & maintenance, trash, water & sewer, Lawn, Pest control. Income is figured all units at their current rate with the 6th unit being leased.
Features
12 bedrooms
6 bathrooms
directions_car6 carspaces
3200 sq. ft. floor area
crop_free7492.32 sq. ft. lot size
cottageApartment
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Local market activity for 12 bedroom apartments in Grand Prairie
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