Property Social Network

0

Notifications

Nothing found

See All

Home Your feed

Properties For sale and To rent

Local businesses Trusted and reviewed

Save on property services Mortgages, broadband, and more

Back Return to the main menu

Browse all resources

Find the best broadband

See tradesmen blacklist

Back to listing

Full details for Business For Sale in Garland, Texas

Photos

1/35

2/35

3/35

4/35

5/35

6/35

7/35

8/35

9/35

10/35

11/35

12/35

13/35

14/35

15/35

16/35

17/35

18/35

19/35

20/35

21/35

22/35

23/35

24/35

25/35

26/35

27/35

28/35

29/35

30/35

31/35

32/35

33/35

34/35

35/35

Description

Incredible 18-unit value add opportunity priced below area market rents. The investment opportunity has a mix of 4 2-bedroom units and 14 3-bedroom. units. Parking is 2.2 spaces per unit with a separate storage unit for each unit. Recently improved units are stabilized at 1500 per unit. See Offering Memorandum for details. Garland-Rowlett is a primarily blue-collar submarket located east of the demographic and office-using employment growth north of Dallas. From a development and investment perspective, the submarket offers several benefits. Rent growth continues to register above pre-crisis norms. A surge in renter demand pushed rent growth to record performances in 2021. Properties in the northwestern part of the submarket aim to tap into spillover demand created by the growth in the northern suburbs, particularly the CityLine development in Richardson. Most of that growth falls along the George Bush Tollway, a key thoroughfare for commuters. Back to listing