1723 Oak Knoll DrHaltom City, TX 76117

Property Details for 1723 Oak Knoll Dr

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Haltom City

County

Tarrant

State

Texas

Latitude

32.7866

Longitude

-97.2809

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