817-932-6100
834 Timberlake Dr, Arlington, TX for Sale
Apartments - FOR SALE
1/48
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834 Timberlake Dr
Arlington, TX 76010


HIGHLIGHTS

  • Stabilize occupancy to match market averages for substantial rent growth
  • Leverage shared operations and staffing to drive operational efficiency
  • Attractive loan assumptions and bridge options maximize early cash flow

OVERVIEW

Marcus & Millichap is pleased to present the exclusive listing of Oakmont, a 223-unit multifamily community built in 1970 in Arlington, Texas. The asset offers value-add potential through continued renovations and operational efficiencies when combined with the other portfolio properties.

FOR SALE DETAILS

PRICE

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# OF UNITS

224

CAP RATE

Request Cap Rate

% LEASED

61%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakmont Apartment Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

375

LAND DETAILS

LAND ACRES

12.27 AC

LAND SF

534,481 SF

ZONING

RMF-22

APN/PARCEL ID

03693988

ASK ABOUT THIS PROPERTY

Mark McCoyMarcus & MillichapMore Info
817-932-6100

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Mark McCoyMarcus & MillichapMore Info
817-932-6100

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