120 S Jupiter Rd | Garland, TX 75042
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- LoopNet Team
120 S Jupiter Rd
Garland, TX 75042
Jupiter 120 · Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- Ownership has Spent Significant Capital on Property Renovations Over the Past Three Years "Heavy Lifting" has been done - Interior Renovations Remain
- Phenomenal location next to Supermarkets, Restaurants, and Local Transportation – Median Area Income is $52,000+ for 3 Miles (CoStar)
- Opportunity to Invest in a High-Growth Market Close to the Telecom Corridor with Rent Growth Projected at 7.1% for the Submarket Through 2021 – CoStar
PROPERTY FACTS
| No. Units | 60 | Building Size | 49,960 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 3/1,000 SF |
| Lot Size | 2.10 AC | ||
| Zoning | MF18 | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.10 AC |
| Building Size | 49,960 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 3/1,000 SF |
| Zoning | MF18 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 41 | - | - |
| 2+2 | 3 | - | - |
| 3+2 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 65109912010100000 | Improvements Assessment | $5,509,240 |
| Land Assessment | $274,430 | Total Assessment | $5,783,670 |
PROPERTY TAXES
Parcel Number
65109912010100000
Land Assessment
$274,430
Improvements Assessment
$5,509,240
Total Assessment
$5,783,670
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