Barbara Martin
DFWREAdvisors Group | HomeSmart Stars
License number: 0599125
phone: 1 (469) 262-5411
 mobile: 1 (469) 230-0481
 https://www.­DFWREAdvisors.­com
2621 Sir Alexander Ln
 Lewisville, TX 75056, United States
Ray Martin
DFWREAdvisors Group | HomeSmart Stars
License number: 0655892
phone: 1 (469) 262-5411
 mobile: 1 (469) 387-7528
 https://www.­DFWREAdvisors.­com
2621 Sir Alexander Ln
 Lewisville, TX 75056, United States
$2,350,000
104 11th Street, Garland, Texas 75040, USA
MLS#
21154218
Property type
Residential For Sale, Apartment
Property Size
14,720 sqft (1,367.488 m2)
Land size
0.69 sqft (0.06 m2)
Building Size
14,720 sqft (1,367.5 m2)
Status
Sale price per sqm
1,718.42 $
Virtual Tour
Town Central Apartments is a 24-unit multifamily property located in the downtown Garland area of the Dallas–Fort Worth metroplex. Constructed in 1983, the community offers a 1 and 2 bedroom unit mix. The value add opportunity for future owners exists through interior enhancements. The property is situated one block east of Garland High School with convenient access to S. Garland Road, providing strong visibility and connectivity to major employment centers, retail, and public transit. Walking distance to downtown Garland amenities, dining, and entertainment. Freddy Mac assumable loan available for qualified buyers. Recent ownership has completed multiple capital improvements such as a new roof, exterior carpentry and rehabbed a handful of units that prove the pro forma market rent. Current property management is able to maintain 90% occupancy to help buyer secure financing. The asset presents a stable asset with value add potential. Town Central Apartments is well positioned within a supply-constrained submarket and benefits from established residential demand. Property tours are available by appointment. Buyer to independently verify all information, including unit count, square footage, condition, and zoning.
Property Details
1983 Year Built:
Building or Complex name: Town Central Location:
Brick Construction:
Wood Exterior Description:
Resale Condition:
Dishwasher, Oven-Electric, Disposal Appliances:
Carpet, Ceramic tile, vinyl Floors:
city water, City sewer, Individual Water Meter Utilities:
Electric Heating System:
Electric, Wall or Window Units Cooling System:
Cable Available, Broadband internet access Telecommunication:
Curbs Lot Description:
On Slab Basement and Foundation:
shingle Roofing:
Parking / Garage
26 Number of parking spaces:
School Information
437 School District:
Choice Of School Elementary School:
Choice Of School High School:
Choice Of School Middle School:

Listing by: Lakeshore Real Estate
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