8-Unit Multifamily in Grand Prairie, TX

Highlights

• Large townhome-style floor plans with private patios, uncommon at this unit count
• High in-place cap rate of 7.97% with proven rents minimizing lease-up risk
• ~$25,000/unit invested since 2023: new roof, HVAC, and renovations across 7 of 8 units
• One unrenovated unit offers a clear, low-risk path to additional rent premium
• 100% occupied as of underwriting — immediate, stabilized in-place cash flow
• Median household income of approximately $60,000 within a 5-mile radius
• Public Transportation
• Commuter Rail
• Drive
• Walk
• Distance
• 11 min
• -
• 6.7 mi
• 14 min
• -
• 7.9 mi
• Airport
• Drive
• Walk
• Distance
• Dallas-Fort Worth International
• 21 min
• -
• 14.1 mi
• Dallas Love Field
• 30 min
• -
• 20.2 mi

• Large, Townhome-Style Floor Plans — Spacious units with private patios, a layout uncommon at this unit count and a strong differentiator versus typical garden-style product

• Strong In-Place Performance — Proven rents supporting a high in-place cap rate, minimizing lease-up risk for a new owner

• Significant Recent Capital Investment — Approximately $25,000 per unit invested since 2023, including a new roof, HVAC replacement, and heavy renovations across 7 of 8 units

• Remaining Value-Add Upside — One unit has yet to be renovated, offering a clear, low-risk path to additional rent premium through a light value-add turn

• Strong Surrounding Demographics — Median household income of approximately $60,000 within a 5-mile radius

• 100% Occupied — Fully leased as of underwriting, providing immediate, stabilized in-place cash flow