Sitting on almost half an acre in Grand Prairie, The Doreen Townhomes, represents a value add multi family opportunity. Current ownership has implemented a Section 8 tenant base strategy and is getting higher than market rents because of it. The value lies in renovating the last remaining unit and getting… Read More all units to maximum allowable rents. 4 of the units are 3-bedroom and 1.5 bath with the 5thand 6th being 4- bedrooms. All units are two stories and roughly 1375 square feet. Property is near major employers and Interstate 30. Read Less
Courtesy of Dallas Property Advisors, LLC, Matteo Faeth.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Lot Size
0.46 Acres
Year Built
1972
MLS Number
21063735
Additional Details
Appliances & Equipment
Dishwasher, Disposal
Building
Built in 1972, Construction materials: Brick, Levels: Two, 1 building, 2, Toal building area: 8250
Cooling
CentralAir
Expenses
Insurance: $3,900
Floors
LuxuryVinylPlank
Heating
Central
Income
Gross income: $102,381, Net operating income: $78,447
Interior Features
GraniteCounters
Lot
0.458 acres, 19,950 sqft, CornerLot
Parking
12 total parkings, OnSite, OnStreet
Pool
None
Roof
Composition
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
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