Investor Opportunity – 8-Unit Apartment in Grapevine! Located near Historic Downtown Grapevine, this fully occupied 8-unit multifamily property offers a rare opportunity to acquire a stabilized, income-producing asset in one of the area’s most desirable rental markets. The property consists of two quadraplex buildings on one tax ID, providing… Read More efficient operations and long-term investment appeal. The unit mix includes a combination of 2- and 3-bedroom floorplans, offering functional layouts that appeal to a wide tenant base. All units are currently leased, allowing investors to step into immediate cash flow with minimal disruption. Residents enjoy convenient access to downtown Grapevine’s restaurants, shopping, and entertainment, as well as major employment corridors and transportation routes. Strong occupancy, proven rental demand, and a prime Grapevine location make this property a compelling option for local investors, portfolio buyers, and 1031 exchange opportunities. This is a rare chance to own a small-scale apartment asset in a high-demand submarket with long-term upside. Property has been operated as part of a larger multifamily portfolio. Income is supported by current rent rolls. Certain operating expenses have historically been shared at the portfolio level and have been normalized for stand-alone review. Detailed financial information, including rent rolls and portfolio T-12, is available upon request and subject to buyer due diligence. ***Seller Financing NOT available*** Read Less
Courtesy of Bray Real Estate-Ft Worth, Kelsey Cretsinger.
Listing Snapshot
Days Online
5
Last Updated
Property Type
Apartment
Beds
18
Full Baths
10
Lot Size
0.46 Acres
Year Built
1963
MLS Number
21135288
Additional Details
Appliances & Equipment
ElectricRange, Disposal, Refrigerator
Building
Built in 1963, Construction materials: Brick, Levels: Two, 2 buildings, 2, Toal building area: 8120
Community
CommunityMailbox
Cooling
CentralAir, CeilingFans, Electric
Floors
Carpet, Vinyl
Heating
Central, Electric
Interior Features
HighSpeedInternet, CableTv
Lot
0.46 acres, 20,038 sqft
Parking
20 total parkings, Concrete, ParkingLot
Pool
None
Roof
Composition
Security Features
FireAlarm, FireSprinklerSystem
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable, CableAvailable
Windows
WindowCoverings
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