This Multifamily Property is Off-Market.

115 Meadow View Drive
Justin, TX 76247 ·

8 Units · Multifamily For Sale

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Meadowlands Apartments

Price N/A Cap Rate 5.56%
No. Units 8 Gross Rent Multiplier 9.25
Building Size 12,400 SF Occupancy 100%
Property Type Multifamily No. Stories 1
Property Sub-type Garden/Low-Rise Year Built 1982
Property Use Type Investment Lot Size 91,149 SF
Commission Split 3% APN / Parcel ID R0172813
Listing ID: 15831176 Date Created: 08/01/2008 Last Updated: 02/10/2012

Description

2 deluxe 4-plexes (8 units) on 1 large parcel (2+ acres) located in the Dallas/Ft. Worth metroplex. Property is located within an upscale SFR neighborhood on a 2 acre lake. Spacious 1,550 sq. ft. units each with a 2-car enclosed garage in a park like setting. This is a must see one of a kind property!

From Fort Worth go north on I 35-W OR from Denton go south on I 35-W, then go west on FM-407 and then go left on Meadow View Drive. Property is located at the end of the street on the left side.

Highlights

  • 2 DELUXE 4-PLEXES (8 UNITS) ON 1 LARGE PARCEL (2+ ACRES)
  • SPACIOUS 1,550 SQ. FT. UNITS EACH WITH A 2-CAR ENCLOSED GARAGE
  • LOCATED ON A 2-ACRE LAKE IN A PARK LIKE SETTING
  • DALLAS / FT. WORTH METROPLEX
  • APPROX. 3 MILES NORTH OF TEXAS MOTOR SPEEDWAY
  • LOCATED WITHIN AN UPSCALE SFR NEIGHBORHOOD

Research

115 Meadow View Drive, Justin, TX 76247 (Denton County)

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