Address
1221 N Britain Road, Irving, TX
Price
$ 2,448,000
Property Attributes
- MLS#20487663
- TypeMulti-Family
- CountyDALLAS
- CityIrving
- NeighborhoodNorth-O-Irving
- Zip75061
- StyleApartment
- Year Built1963
- Taxes$ 47455
- Price$ 2,448,000
- Bedrooms32
- Full Bathrooms18
- Half Bathrooms0
- Lot Size0.798 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Elementary School |
|---|
| Keyes Elementary School |
| Price History | |
|---|---|
| 12/4/2023 | Listed $2,448,000 |
General Features
| Heating | Central |
|---|---|
| Complex Name | BRITAIN PLACE APARTMENTS |
| Cooling | Central Air |
| Utilities | City Sewer,City Water |
| Possession | Closing/Funding |
| Roof | Composition,Shingle |
| Appliances | Electric Cooktop,Electric Oven,Electric Range,Refrigerator |
| School District | Irving ISD |
| Capitalization Rate | 6.75 |
| Year Built | 1963 |
| Tenancy | Over 9 Months |
| Levels | Two |
| Unexempt Taxes | 47455 |
| Will Subdivide | No |
| Gross Annual Expenses | 73046.00 |
| Property SubType | Apartment |
| Subdivision Name | North-O-Irving |
| Insurance Expense | 9000 |
| County | Dallas |
| Operating Expense Includes | Licenses,Maintenance,Maintenance Grounds |
| Property Type | Residential Income |
| Construction Materials | Brick,Wood |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active |
| Directions | Use GPS |
| City | Irving |
| Buyer Agent Compensation | 3 |
| Elementary School Name | Keyes |
| High School | Irving |
| Street Name | Britain |
| Elementary School | Keyes |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20487663 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available |
|---|---|
| Flooring | Vinyl |
| Total Units | 18 |
| Unit Count | 2 |
| Full Baths | 18 |
| Lock Box Type | See Remarks |
| Street Suffix | Road |
| Total Bedrooms | 32 |
Exterior Features
| Parking Features | Asphalt,Assigned,Guest,On Site,Parking Lot |
|---|---|
| Foundation | Slab |
| Lot Size Area | 0.7980 |
| Number Of Parking Spaces | 22 |
| Lot Size Units | Acres |
| Building Area Total | 13234.00 |
| Lot Size Square Feet | 34760.8800 |
| Lot Size Acres | 0.7980 |
| Patio And Porch Features | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75061
Price
Taxes
Visits
Year Built
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