Property
Beds
1
Full Baths
1
1/2 Baths
1
Year Built
1985
Sq.Footage
13,969
Positioned in the heart of the Mid-Cities, this 15-unit apartment property offers investors a compelling combination of scale, location, and an established residential setting. The property’s central location, manageable unit count, varied floor plans, and established multifamily configuration may appeal to investors seeking an income-producing asset with the ability to evaluate operations, rents, expenses, occupancy, and future improvement strategies according to their own investment objectives. Tucked along a quiet, secluded street surrounded by mature trees, the community is near a greenbelt and community pool, creating an appealing residential atmosphere for tenants. The property contains approximately 13,969 square feet on approximately 1.205 acres and includes a practical unit mix of thirteen one-bedroom apartments and two two-bedroom apartments. Approximately 30 on-site parking spaces include covered, assigned, open, and guest parking options. Ideally positioned for resident convenience, the property is (just around the corner) approximately 0.1 mile from Arbor Creek Elementary, 0.9 mile from Euless Junior High and 1.3 miles from Trinity High School, with grocery shopping, restaurants, coffee shops and neighborhood retail available within approximately one mile. Multiple Euless parks and recreation destinations are also located within roughly two miles. The Euless location provides convenient access to DFW International Airport, Highway 360, major thoroughfares, employment centers, and destinations throughout DFW. At a time when elevated ownership costs continue to keep many households in the rental market, an established apartment property near jobs, transportation, schools, and everyday services may offer the kind of practical housing tenants consistently seek. Buyer and buyer’s agent should independently verify all information.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), High Speed Internet
-
Total Bedrooms
1
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Brick
-
Parking
Additional Parking, Assigned, Covered, On Site, Open
-
Pool
Yes
-
Pool Features
In Ground, Outdoor Pool
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.205
-
Lot Size(square feet)
52,489
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,575,000
-
Sq. Footage
13,969
-
Price/SqFt
$184
HOA
-
Association
YES
-
Association Fee
$1,389
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
Arbor Creek
-
Middle School
Euless
-
High School
Trinity
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
86
-
Water Source
Public
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Location
County
Tarrant
Elementary School
Arbor Creek
Middle School
Euless
High School
Trinity
Listing Courtesy of Joleen Skipworth, Real Estate By Pat Gray
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AGENT
Joe Boston
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