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1601 Mignon Dr
Arlington, TX 76010
Mignon DR · Multifamily Property For Sale
·
8 Units
Investment Highlights
- 2022 built
- Open concept
- Centrally located
Executive Summary
This high-performing 8-unit portfolio offers a rare turn-key opportunity for investors seeking modern reliability and significant upside in the booming North Texas market. Built in 2022, the property promises a low-maintenance ownership experience with nearly new systems and premium finishes that command top-tier market rents. While currently 7 of the 8 units are leased for immediate cash flow, achieving full occupancy elevates the asset to a strong 5.48% Cap Rate. Strategically positioned to capitalize on the region’s massive growth, this investment is perfectly timed for the upcoming 2026 World Cup, which is set to bring nine matches—including a major semi-final—to nearby Arlington. With a projected multi-billion dollar economic impact and a surge in global demand for the area, this portfolio represents a sophisticated hedge against inflation and a play for significant long-term appreciation in one of the most resilient real estate corridors in the country.
Property Facts
Amenities
Site Amenities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 8 | $2,700 | 2,250 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,224,000 | |
| Land Assessment | $400,000 | Total Assessment | $2,624,000 |
Property Taxes
Parcel Numbers
Land Assessment
$400,000
Improvements Assessment
$2,224,000
Total Assessment
$2,624,000
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