Multi-family Apartment

Metker Gardens in Irving, TX (Dallas-Fort Worth)

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68 Units Apartment In Irving, TX (Dallas-Fort Worth)


Property details

Price:
$9,050,000
Lot size:
6.38 Acres
Status:
Active
Cap rate:
5%
Building size:
51680 Sq ft
Address:
Irving, Texas 75062
Year built:
1965
Year renovated:
2022
Investment option:
Co-GP Equity Partner, 不参与运营

Highlights

Investment Highlights    "Dallas/Fort Worth (DFW) – Ranked #1 MSA in the U.S in terms of Population Growth during 2010 - 2020.

Irving, TX is centrally located in the heart of the DFW.
Niche Location Grade: A-
2000+ companies in the area. 
Home to more than 8 Fortune 500 Companies

Metker Gardens was the only deal out of 30+ Northmarq’s deals in DFW in 2022 that has a positive leverage with a full 70% LTV agency loan. 

20%+ Lease Trade-Out post-closing.

Other information

Investment Option

Attachments


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