1 / 308-Unit Multifamily in Arlington, TX
TX · listed Sep 10, 2026 (48 days)
▼ Reduced 11.4% on Oct 23, 2026, was $1,495,000
- $/unit
- $165,625
- ▲ 66% vs TX · 80th pct
- Cap rate
- —
- NOI
- $168K
- $20,985/unit/yr
- Units
- 8
- 1 bldg · 1972
Financials
- Asking price
- $1,325,000
- Price per unit
- $165,625
- Price per sq ft
- $221
- Gross rent / year
- $227,919
- Net operating income
- $167,880
- NOI per unit
- $20,985
- Cap rate
- Not stated
- Gross yield
- 17.2%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- eight 1-bedroom, 1-bath units
- Buildings
- 1
- Year built
- 1972
- Building size
- 6,000 sq ft
- Avg unit size
- 750 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 10, 2026
- Days on market
- 48 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 23, 2026: $1.5M → $1.32M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1145
About this property
Incredible location! Just 0.6 miles from AT&T Stadium and literally across the street from a paid Cowboys parking lot, this rare opportunity offers a fully furnished, turnkey 8-unit short-term rental property in Arlington's highly sought-after Entertainment District. This well-maintained investment combines a proven operating history with opportunities for future growth and optimization. The property places guests within walking distance of AT&T Stadium, Globe Life Field, Choctaw Stadium, Texas Live!, and the National Medal of Honor Museum, with Six Flags Over Texas, dining, shopping, and entertainment just minutes away. The area's year-round sporting events, concerts, conventions, and attractions help drive consistent visitor demand. Significant recent improvements include brand-new siding and replacement windows, reducing future maintenance while enhancing curb appeal. The property features eight 1-bedroom, 1-bath units with mirrored floor plans and a variety of quality finish selections, including different granite countertops, tile, and bedding configurations. Several units have already been upgraded with in-unit laundry, with an additional unit already plumbed for installation. Completing laundry in the remaining units offers an opportunity to further enhance the guest experience and increase rental potential. The property offers 26 on-site parking spaces, with room for potential expansion, providing further opportunity for income subject to applicable city permitting and regulations. Whether you're looking to expand your investment portfolio or acquire a unique income-producing asset in one of North Texas' premier entertainment destinations, this exceptional property offers a rare combination of location, current legal short-term rental eligibility, recent capital improvements, proven guest appeal, and future upside potential.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Arlington, TXStabilized | $2.8M | $350K$350K | 8.8%gy |
Arlington, TXNew construction | $4.5M | $450K$450K | 5% |
Grand Prairie, TX▼ 4% cutHigh yieldValue-add | $1.47M | $183K$183K | 8.3% |
Arlington, TXStabilized | $3M | $231K$231K | — |
Arlington, TX | $1.5M | $150K$150K | — |
Euless, TX | $2.58M | $172K$172K | — |





