1501 Cedar Elm Dr - Apartments FOR SALE


Euless, TX 76039
$2,850,000 USD
917-324-9488
1501 Cedar Elm Dr, Euless, TX for Sale
$2,850,000 USD
Apartments - FOR SALE
1/20
null | 4.83% Cap Rate

1501 Cedar Elm Dr
Euless, TX 76039


HIGHLIGHTS

  • Effortless access to the entire DFW Metroplex
  • 15-minute drive to the DFW International Airport

OVERVIEW

100% occupied an Exceptional Investment Opportunity in a Prime Location in Euless. Embark on a rewarding investment journey with this meticulously maintained property showcasing ten rental units, each thoughtfully designed with attached garages and abundant parking space. Set on an additional 0.13 acres to add eight units, this property enjoys a strategic position in the Mid-Cities region, providing effortless access to the entire DFW Metroplex and a quick 15-minute drive to the DFW International Airport. Most units have been tastefully remodeled, boasting fresh paint, new fixtures, modern appliances, contemporary lighting features such as can lights and fans, luxurious wood-look vinyl flooring, and elegant quartz countertops in kitchens and bathrooms. All units have a refrigerator, washer, and dryer for added convenience. To seize this opportunity, kindly submit offers or Letters of Intent (LOI) along with proof of funds via email. There is no seller financing.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$279 USD /SF

# OF UNITS

10

PRICE/UNIT

$285,000

CAP RATE

4.83%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

MF

APN/PARCEL ID

06800009

ASK ABOUT THIS PROPERTY

Lalit ThakkarFathom Realty, LLCMore Info
917-324-9488

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Lalit ThakkarFathom Realty, LLCMore Info
917-324-9488

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