Sam Maverick Apartments is a 56-unit multifamily asset located at 711 Grand Court in Arlington, TX, offered at $7,000,000 ($125,000/unit). The property sits less than one mile from the University of Texas at Arlington (40,000+ students), positioning it as a natural student housing play with built-in demand. The majority of units feature loft-style layouts — a rare and highly marketable product type among the student renter demographic.
Immediate retail amenities including Chipotle, CVS, and neighborhood services are steps from the front door, which resonates with student tenants. The property also benefits from proximity to Arlington's Entertainment District — AT&T Stadium, Globe Life Field, and Six Flags Over Texas — providing additional employment and foot traffic drivers for the surrounding submarket.
The Property would benefit from a targeted Interior unit renovation, that should provide a strong pop to demand, especially among the student population.