Grand Prairie, TX 75050
2401 Doreen St
Available, For Sale
$1,200,000
Property Type
6 Unit MF - Value Add
Total Units
6
AVG Unit Size
1375 SF
Land Size
19,950 SF
Year Built
1972
Occupancy
83%
Description
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 all units to maximum allowable rents. 4 of the units are 3-bedroomand 1.5 bath with the 5th and 6th being a 4- bedrooms. All units are two stories and roughly 1375 square feet. Property is near major employers and Interstate 30.
Features
Property Type
6 Unit MF - Value Add
Total Units
6
AVG Unit Size
1375 SF
Land Size
19,950 SF
Year Built
1972
Occupancy
83%
Mortgage Calculator
Monthly Payment
$0
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