
$2,350,000 USD
Apartment for Sale, 104 11th Street, Garland, Texas 75040
- MLS#21154218
1,368 m² (14,720 ft²)
Listed By Lakeshore Real Estate
The Apartment for Sale located at 104 11th Street, Garland, Texas 75040 is currently for sale. 104 11th Street, Garland, Texas 75040 is listed for $2,350,000.
Property features
Property
- Property size:
1,368 m² (14,720 ft²) - Location: Building Or Complex Name
Lot/Land
- Land/Lot size:
0 m² (0.69 ft²) - Lot description: Curbs
Construction
- Year built: 1983
- Roofing: Shingle
- Condition: Resale
- Construction: Brick
- Basement and foundation: On Slab
- Exterior: Wood
Parking/Garage
- Parking spaces: 26
Interior Features
- Floors: Ceramic TileVinylCarpet
Heating and Cooling
- Heating system: Electric
- Cooling system: Wall Or Window UnitsElectric
Utilities
- Telecommunication: Cable AvailableBroadband Internet Access
- Other utilities: City WaterIndividual Water MeterCity Sewer
Description
Town Central Apartments is a 24-unit multifamily property located in the downtown Garland area of the Dallas–Fort Worth metroplex. Constructed in 1983, the community offers a 1 and 2 bedroom unit mix. The value add opportunity for future owners exists through interior enhancements. The property is situated one block east of Garland High School with convenient access to S. Garland Road, providing strong visibility and connectivity to major employment centers, retail, and public transit. Walking distance to downtown Garland amenities, dining, and entertainment. Freddy Mac assumable loan available for qualified buyers. Recent ownership has completed multiple capital improvements such as a new roof, exterior carpentry and rehabbed a handful of units that prove the pro forma market rent. Current property management is able to maintain 90% occupancy to help buyer secure financing. The asset presents a stable asset with value add potential. Town Central Apartments is well positioned within a supply-constrained submarket and benefits from established residential demand. Property tours are available by appointment. Buyer to independently verify all information, including unit count, square footage, condition, and zoning.
Location
104 11th Street, Garland, Texas 75040