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La Puerta Lila 220 S Jupiter Rd 32 Unit Apartment Building For Sale Garland, TX 75042
INVESTMENT HIGHLIGHTS
- The Property offers some of the most spacious floor plans in its class, contributing to strong leasing performance
- Located in a workforce housing corridor, the asset is supported by major employers and strong commuter access
- The opportunity represents a strong yield play. Following the extensive CapEx plan completed in March 2025, spacious layouts were created for tenants
- The Property is being offered free and clear of existing debt. Please contact Ralph Rader (rrader@greysteel.com) to discuss the most efficient finance
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 1.14 AC |
| No. Units | 32 | Building Size | 24,916 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.41/1,000 SF |
| Zoning | MF-2 | ||
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.14 AC |
| Building Size | 24,916 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | MF-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 704 |
| 2+2 | 12 | - | 845 - 961 |
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PROPERTY TAXES
| Parcel Number | 65109912010210000 | Improvements Assessment | $1,851,030 |
| Land Assessment | $148,970 | Total Assessment | $2,000,000 |
PROPERTY TAXES
Parcel Number
65109912010210000
Land Assessment
$148,970
Improvements Assessment
$1,851,030
Total Assessment
$2,000,000
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La Puerta Lila | 220 S Jupiter Rd
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