Property Attributes
- MLS#20546481
- TypeMulti-Family
- CountyTARRANT
- CityArlington
- NeighborhoodWesley Commons
- Zip76012
- StyleMultiple Single Units
- Year Built2015
- Taxes$ 5531
- Price$ 1,375,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Lot Size3,398 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This 5 townhome portfolio is an excellent buy sitting on large lots, minutes from AT&T stadium and in the heart of Arlington! A great NOI and Cap Rate that has the potential to be significantly improved. All built in 2015 so each townhome is very energy efficient. All units are tenant occupied with standard 12 month leases and most tenants are long term.
Elementary School |
---|
Pope Elementary School |
Price History | |
---|---|
2/27/2024 | Listed $1,450,000 |
4/21/2024 | 6% - $1,375,000 |
General Features
Heating | Central |
---|---|
Complex Name | Wesley Commons Townhomes |
Cooling | Central Air |
Utilities | City Sewer,City Water |
Possession | 30-60 Days |
Roof | Composition |
Appliances | Disposal |
Assoc Fees | 150 |
School District | Arlington ISD |
HOA Fee Includes | Maintenance Grounds |
Capitalization Rate | 8.49 |
Year Built | 2015 |
Levels | Two |
Unexempt Taxes | 5531 |
Will Subdivide | No |
Gross Annual Expenses | 64633.00 |
Property SubType | Multiple Single Units |
Subdivision Name | Wesley Commons |
Insurance Expense | 13373 |
County | Tarrant |
Property Type | Residential Income |
Construction Materials | Brick |
Association Fee Frequency | Annually |
Year Built Details | Preowned |
HOA Type | Mandatory |
# of Buildings | 5 |
Status | Active |
Directions | Use GPS |
City | Arlington |
Buyer Agent Compensation | 2.0 |
Elementary School Name | Pope |
High School | Lamar |
Street Name | Bellevue |
Elementary School | Pope |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20546481 |
Standard Status | Active |
Junior High School | Shackelford |
Buyer Agent Compensation Type | % |
Interior Features
Interior Features | Decorative Lighting |
---|---|
Flooring | Carpet,Ceramic Tile,Laminate |
Total Units | 5 |
Unit Count | 1 |
Lock Box Type | None |
Street Suffix | Lane |
Exterior Features
Parking Features | Garage,Garage Door Opener |
---|---|
Foundation | Slab |
Lot Size Area | 0.0780 |
Number Of Parking Spaces | 10 |
Lot Size Units | Acres |
Building Area Total | 1764.00 |
Lot Size Square Feet | 3397.6800 |
Lot Size Acres | 0.0780 |
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