For Sale
$999,000

1723 Oak Knl Dr Haltom City, TX 76117

8-unit apartment building, updated interiors, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional value-add opportunity presents a well-located 8-unit apartment building in Haltom City, Texas. The property, situated at 1723 Oak Knoll Dr, 76117, comprises four buildings with a total of eight units: two single-family units, one duplex, and one quadplex. All units underwent interior renovations between 2022 and 2023. Currently boasting 70% occupancy, this property offers significant upside potential. The exterior of the complex presents an opportunity for enhancement, which would undoubtedly increase tenant appeal and rental income. Ample parking is available for residents and guests. The property features large, undeveloped areas that could be improved with additions such as a fenced pet area or children's play area. Utilities are divided between tenant and owner responsibility; tenants pay electricity, while the owner covers water expenses. This multifamily investment is priced at $999,000 and presents a compelling opportunity for investors seeking to increase property value through strategic improvements and increased occupancy. The two-story buildings offer a comfortable living environment in a desirable location within Tarrant County.

Highlights

  • $999,000 asking price.
  • Value-add multifamily investment opportunity.
  • 8-plex apartment building (two single units, one duplex, one quadplex) in Haltom City, TX.
  • 70% occupancy.
  • Interior renovations completed 2022-2023.
  • Four buildings, two stories each.

Property Details for 1723 Oak Knl Dr

Property type
Apartment buildings
Year Renovated
2022
Buildings
4
Stories
2

Location Insight

City
Haltom City
County
Tarrant
State
Texas
Latitude
32.786557473391
Longitude
-97.280895331014

FAQs

What type of property is this?
Apartment building - 8-unit apartment building, updated interiors, high potential.
Where is the apartment building located?
The property is located at 1723 Oak Knl Dr Haltom City, TX.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: $999,000 asking price.; Value-add multifamily investment opportunity.; 8-plex apartment building (two single units, one duplex, one quadplex) in Haltom City, TX.
How can I contact the broker?
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1723 Oak Knl Dr
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