GREA is pleased to present the exclusive opportunity to acquire Royal Terrace, a 120-unit value-add community in Euless, TX, strategically located near DFW Airport and major freeways.
Built in 1964 and benefiting from over $1.5M in recent capital improvements, the property is well-positioned for continued performance. Approximately 40 units have been upgraded with plank flooring, modern fixtures, and stainless-steel appliances. All units feature private entries and walk-in closets.
New ownership can unlock significant upside through the renovation of remaining units, rent increases, and ancillary income via RUBS and reserved parking.
With strong area demographics and below-market rents, Royal Terrace offers investors a stabilized asset with proven demand and meaningful growth potential in a high-barrier, infill location.