2462 Fort Worth St | Grand Prairie, TX 75050
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- LoopNet Team
2462 Fort Worth St
Grand Prairie, TX 75050
Mesa Park Apartments · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- 92% Occupied – Opportunity To Acquire a Nearly Fully Leased Asset
- $51,095 Median Household Income in the 5-Mile Radius – CoStar – Located Near Some of the Area’s Largest Employers
- 10 Minutes From the University of Texas at Arlington – A Division 1 Texas Tier-One University With 41,515 Students Enrolled in Fall 2021
- Rents in the Submarket Have Increased by 11.9% 2022 YTD – Projected To Continue Growing by 8.9% in 2022 – CoStar
- Exceptional Arlington-Grand Prairie Location – Proximate to AT&T Stadium, Six Flags Over Texas, and Globe Life Field
- Offered Free and Clear of Any Existing Debt
PROPERTY FACTS
| No. Units | 12 | Building Size | 9,910 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1969/2020 |
| Building Class | C | Parking Ratio | 2.02/1,000 SF |
| Lot Size | 0.64 AC | ||
| Zoning | F1 - Multi-family | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 9,910 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2020 |
| Parking Ratio | 2.02/1,000 SF |
| Zoning | F1 - Multi-family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 640 |
| 2+1 | 10 | - | 840 |
| 2+2 | 1 | - | 870 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $988,458 | |
| Land Assessment | $242,814 | Total Assessment | $1,231,272 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$242,814
Improvements Assessment
$988,458
Total Assessment
$1,231,272
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