469-436-8556
2507 Airport Cir, Arlington, TX for Sale
Apartments - FOR SALE
1/12
null | Request Cap Rate

2507 Airport Cir
Arlington, TX 76010


HIGHLIGHTS

  • Regency Apartments is a 72-unit, garden-style apartment offering a mix of efficiency, one- and two-bedroom units averaging approximately 806 SF
  • Regency Apartments presents a lender-owned acquisition opportunity for a well-located, value-add multifamily asset in Arlington
  • Just minutes from major employment centers which collectively drive thousands of daily jobs and sustained economic activity
  • The Property offers a clear path to a stabilized ~$508K NOI in year two through occupancy recovery, expense normalization and other improvements
  • Located just minutes from multiple employment centers, the Property benefits from proximity to major employment anchors including the General Motors
  • The property is being offered free-and-clear of existing debt

FOR SALE DETAILS

PRICE

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# OF UNITS

72

CAP RATE

Request Cap Rate

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regency Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

106

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

-

APN/PARCEL ID

04614291,04614305

ASK ABOUT THIS PROPERTY

Farhad NejadGreysteelMore Info
469-436-8556

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Farhad NejadGreysteelMore Info
469-436-8556

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