13231 Bee St - Apartments FOR SALE


Farmers Branch, TX 75234
$3,400,000 USD
214-663-8190
13231 Bee St, Farmers Branch, TX for Sale
$3,400,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

13231 Bee St
Farmers Branch, TX 75234


HIGHLIGHTS

  • The Hive on Bee offers seven newly completed Class A townhome units totaling 14,000 SF in Farmers Branch, TX, a prime investment opportunity.
  • The units, recently receiving a certificate of occupancy, are projected to lease at $3,600/month, offering significant revenue potential in a high-dem
  • These townhomes feature modern design with open kitchens, expansive windows, and durable vinyl plank flooring, appealing to quality tenants.
  • Located in Farmers Branch, a dynamic area with 4,000+ companies, 30 parks, top schools, and easy access to Dallas for a perfect mix of work and play.
  • The Hive on Bee offers great connectivity with nearby highways, airports, and DART Light Rail, just 13 miles from downtown Dallas and major amenities.
  • Within 5 miles, 63% of the growing population of over 287,000 rent their homes, driving robust spending of over $590m on household segments in 2024.

OVERVIEW

The Hive on Bee presents a premier investment opportunity in Farmers Branch, Texas, a thriving suburb of Dallas-Fort Worth. Delivered in 2023, this contemporary multifamily community includes seven newly completed Class-A townhome units totaling 14,000 square feet, separate from the other 14 units in the development. These high-quality units just received a certificate of occupancy and are projected to lease at $3,600 per month, providing significant revenue potential. Modern design elements, including open kitchens, expansive windows, and durable vinyl plank flooring, position these units as an attractive option for tenants in this high-demand rental market. Situated about 15 miles northwest of Dallas, Farmers Branch is a dynamic live-work-play destination offering the best of small-town living with big-city convenience. Home to more than 4,000 companies and over 250 corporate headquarters, Farmers Branch is regarded as a vibrant business center. The city is also home to 30 parks and an array of top-notch schools, making it an ideal spot for families and commuters alike. In town, Farmers Branch residents enjoy visiting the Farmers Branch Market, Farmers Branch Rose Gardens, and Farmers Branch Historical Park. Nearby, numerous delectable, diverse eateries offer plenty of dining options. Shopping opportunities abound at nearby Galleria Dallas, a premier shopping destination in the DFW Metroplex. Farmers Branch is a renowned transportation hub for North Texas, providing easy access to I-35E, I-635, Dallas North Tollway, President George Bush Turnpike, Dallas Love Field Airport (8 miles), Dallas Fort Worth International Airport (10 miles), and the Green Line of DART Light Rail. Additionally, downtown Dallas-Fort Worth is approximately 13 miles away, providing a vibrant mix of best-in-class shopping, dining, recreation, and nightlife. Within five miles of The Hive on Bee, the region provides a growing demographic profile, including a population of more than 287,000. These residents command an average household income of more than $105,000, and with 63% of these locals currently renting their homes, spending on household segments exceeded $590 million during 2024. Invest in The Hive on Bee, a prime opportunity to own high-performing Class A multifamily assets in the thriving Farmers Branch market of the DFW Metroplex.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

7

PRICE/UNIT

$485,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Hive on Bee - 7 Units

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,825 SF

ZONING

MF

APN/PARCEL ID

24109500020120000

ASK ABOUT THIS PROPERTY

Olivia BurnsBlue Diamond BuildersMore Info
214-663-8190

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Olivia BurnsBlue Diamond BuildersMore Info
214-663-8190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.