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1601 - 1605 Belt Line Road Garland, TX 75044
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 19,554 sqft
Price per Sqft $127
Subdivision Stone Bridge-Creekview Condos
MLS Listing ID 14438952
Sold Date 02/08/21
Total Fin. Sqft 19554
Year Built 1984
Lot Size 1.540 Acres
Acres 1.54
Property Sub-Type Mixed Use
Property Description
The Creekview Condominiums apartment community was built in 1984 and has 2 stories with 22 units. It's attractive lease rates, high occupancy, and terrific one and two bedroom floor plans makes this a great income generating investment opportunity. Current rents are below market and new owner has the ability to increase rental income.Since 2015 the owner has invested more than $350,000 dollars on capital improvements throughout the property including unit upgrades, exterior painting, landscape and parking.Please see brochure in Documents for proforma, property description, unit mix and rent comparables.
Location
State TX
County Dallas
Community Curbs
Zoning Comm
Direction President George Bush Turnpike E to TX 190 in Garland. Take the exit toward N Garland Ave Brand Rd from President George Bush Turnpike ETake N Garland Ave to Belt Line Rd1601 Belt Line RdGarland, TX 75044
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Ceramic Tile, Laminate
Heat Source Central, Electric
Exterior
Community Features Curbs
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Foundation Slab
Structure Type Brick,Concrete
Others
Ownership Hua Condominium LLC
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Read Less
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Bought with Jacqueline Green • LS Realty Advisors, Inc.
