1117 Franklin St - Apartments FOR SALE
Hutchins, TX 75141 |
$2,550,000 USD
214-663-4236
1117 Franklin St
Hutchins, TX 75141
HIGHLIGHTS
- 100% occupancy with proven in-place rents
- Incredible location a minute off I-45 in a quickly expanding city south of Dallas
- Value-add potential through interior improvements and rent increases
- Strategically located near I-45, I-20, Chick-fil-A, and major logistics centers (FedEx, Amazon)
- Strong local tenant demand driven by employment growth in South Dallas (warehouse jobs in Hutchins)
- Total Units: 21 (All 2BR/1BA) | Parking: 38 Spaces | Zoning: Multi-Family Residential
FOR SALE DETAILS
PRICE
$2,550,000 USD
PRICE/SF
$125 USD /SF
# OF UNITS
21
PRICE/UNIT
$121,429
CAP RATE
4.76%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1963
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.44 AC
LAND SF
19,166 SF
ZONING
Z09
APN/PARCEL ID
30009500060080300,30009500060080400
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214-663-4236
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214-663-4236
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