For Sale
$6,900,000

4202 Bass Pro Dr. Garland, TX 75043

56-unit mid-rise apartment complex, 20 units renovated. Prime location.

Property records and analytics

Overview

Added:
Jan 10
Days on market:
108
This exceptional investment opportunity presents a 56-unit mid-rise multifamily apartment complex totaling approximately 35,490 square feet. Located in Garland, Texas, 75043, at 4202 Bass Pro Dr., this property boasts a prime lakeside position on Lake Ray Hubbard and enjoys convenient access to I-30. Twenty units have undergone complete renovations. An additional investment of approximately $600,000 is projected to complete renovations on the remaining units, ultimately stabilizing the property at an 8% capitalization rate. The property benefits significantly from its proximity to the billion-dollar Sapphire Bay development, a future waterfront resort destination, and a new hotel development across the street by Massimo Modular. This presents a unique chance to acquire a substantial multifamily asset in a rapidly developing area with significant growth potential. The property is currently offered for sale at $6,900,000. Further details are available upon request.

Highlights

  • Prime Garland, TX location near Lake Ray Hubbard & I-30.
  • 56-unit mid-rise complex; 20 units fully renovated.
  • Significant upside potential with ~$600,000 to complete renovations, targeting 8% cap rate.

Property Details for 4202 Bass Pro Dr.

Property type
Residential income homes, Residential income properties
Square Feet
35,490 SF
Price / Square Foot
$194.42
Year Built
1983
Stories
4
Elevators
N/A
Units
56

Location Insight

City
Garland
County
State
Texas

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FAQs

What type of property is this?
Residential income home - 56-unit mid-rise apartment complex, 20 units renovated. Prime location.
Where is the residential income home located?
The property is located at 4202 Bass Pro Dr. Garland, TX.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Prime Garland, TX location near Lake Ray Hubbard & I-30.; 56-unit mid-rise complex; 20 units fully renovated.; Significant upside potential with ~$600,000 to complete renovations, targeting 8% cap rate.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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(214) 663-4236

Contacts

Kevin Diener
Visit Broker Website

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Useful Information

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4202 Bass Pro Dr.
Garland, TX 75043

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4202 Bass Pro Dr.
Garland, TX 75043

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4202 Bass Pro Dr.
  • Kevin Diener
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