972-865-6328
306 Martha St, Euless, TX for Sale
Apartments - FOR SALE
1/26
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OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

120

CAP RATE

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% LEASED

77%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

175

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,514 SF

ZONING

R-1

APN/PARCEL ID

04653491

ASK ABOUT THIS PROPERTY

Mark AllenLocation LogoMore Info
972-865-6328

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Mark AllenLocation LogoMore Info
972-865-6328

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.