1901 Sandy Court, Arlington, TX, 76012 - Available for Sale

Multifamily For Sale

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Sandy Court Duplexes

1901 Sandy Court, Arlington, TX 76012

$850,000

12 Units | Multifamily

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Multifamily Property For Sale Get Financing

Price:
$850,000
No. Units:
12
Building Size:
13,080 SF
Price/Unit:
$70,833.33
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
8.70%
Gross Rent Multiplier:
8.40
Lot Size:
2 AC
Listing ID
18482259
Last Updated
3 days ago

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Description

Seller is motivated. Sandy Court Duplexes is a 12 unit located in northern area of Arlington, TX in a cul-de-sac that is only occupied by these six buildings. It is comprised of flat roofs that were replaced in 2007, separately metered buildings built in 1984. All units have washer/dryer connections, storage spaces, and fenced patios. Tenants pay electricity and water. Each unit is approximately 1,100 square feet.The property has been well maintained resulting in profitable yields. The six separate parcels allows investors to obtain either commercial or residential financing. We have copies of all six survey's on file.

Arlington has it all: an excellent location, an educated population and a welcoming environment for relocations and expansions of all types. With more than 365,000 residents, Arlington is the 3rd-largest city in North Texas.

Financial Summary

  • Actual
  • $70,875

Map of 1901 Sandy Court, Arlington, TX 76012 (Tarrant County)

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Arien Ramsire

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Asking Price Index Trends for Arlington, TX Multifamily For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$49,115+2.0%+16.2%
-
Metro
$67,342+2.5%+15.1%
-
County
$65,504+1.1%+8.1%
-
City
$81,3790.0%+1.2%

View Arlington Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 12/12/2013
Sandy Court Duplexes
  • Multifamily
  • $850,000
  • 12 Units
  • 13,080 SF