1900 W Kingsley Rd | Garland, TX 75041
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- LoopNet Team
1900 W Kingsley Rd
Garland, TX 75041
Villa Placita · Multifamily Property For Sale
·
122 Units
INVESTMENT HIGHLIGHTS
- Raise market rents through interior kitchen and bathroom enhancements
- Maximize Other Income with addition of RUB program for trash and pest control
- Opportunity to install backyard fences/patios to increase rent on select units
- Offered free and clear of existing debt sizing for max leverage with Fannie and Freddie
PROPERTY FACTS
| No. Units | 122 | Building Size | 86,000 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1966/2018 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 3.21 AC | ||
| Zoning | Z160 | ||
| No. Units | 122 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.21 AC |
| Building Size | 86,000 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built/Renovated | 1966/2018 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | Z160 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Tub/Shower
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Playground
- Property Manager on Site
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,548,560 | |
| Land Assessment | $672,540 | Total Assessment | $9,221,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$672,540
Improvements Assessment
$8,548,560
Total Assessment
$9,221,100
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