Summary: The Multifamily Group is pleased to present the exclusive offering of Dakota Place, a unique, all-bills-paid property in Hurst, Texas. Constructed in 1964, the property consists of 79 units averaging 659 square feet. The property offers studio to two-bedroom/two-bathroom floorplans up to 980 SF. The property is currently 90% occupied, with strong occupancy rates in the submarket at 95%. Dakota Place is being offered free and clear of existing debt. Value-Add: - Launch a Water Conservation Program to lower the water costs by as much as $18,000 annually (See quote on pages 9-10 of the OM). Location: Situated just off TX-10 with over 13,700 vehicles passing daily, this property benefits from high visibility and accessibility in a well-established corridor. The surrounding area boasts a strong demographic profile, with a median household income exceeding $72,200 within a one-mile radius (Yardi). Located within the A-rated Hurst-Euless-Bedford ISD (Niche), it appeals to families seeking top-tier education options. With projected 11% average cash-on-cash returns over the next five years, the property presents a compelling investment opportunity from a long-time owner of over 11 years.