Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
14,720
Town Central Apartments is a 24-unit multifamily property located in the downtown Garland area of the Dallas–Fort Worth metroplex. Constructed in 1983, the community offers a 1 and 2 bedroom unit mix. The value add opportunity for future owners exists through interior enhancements. The property is situated one block east of Garland High School with convenient access to S. Garland Road, providing strong visibility and connectivity to major employment centers, retail, and public transit. Walking distance to downtown Garland amenities, dining, and entertainment. Freddy Mac assumable loan available for qualified buyers. Recent ownership has completed multiple capital improvements such as a new roof, exterior carpentry and rehabbed a handful of units that prove the pro forma market rent. Current property management is able to maintain 90% occupancy to help buyer secure financing. The asset presents a stable asset with value add potential. Town Central Apartments is well positioned within a supply-constrained submarket and benefits from established residential demand. Property tours are available by appointment. Buyer to independently verify all information, including unit count, square footage, condition, and zoning.
Features & Amenities
Interior
-
Other Interior Features
High Speed Internet
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Electric, Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Brick
-
Parking
Concrete
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Subdivided
-
Lot Size(acres)
0.689
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,350,000
-
Sq. Footage
14, 720
-
Price/SqFt
$159
HOA
-
Association
No
School District
-
Elementary School
Choice Of School
-
Middle School
Choice Of School
-
High School
Choice Of School
Property Features
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Dallas
Elementary School
Choice Of School
Middle School
Choice Of School
High School
Choice Of School
Listing Courtesy of Angel Flores , Lakeshore Real Estate
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AGENT
Joe Boston
Call Joe today to schedule a private showing.
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