48 Units and 93% Occupied. 153,000+
VPD. Convenient Highway Access. Individually Metered.
Purchase as stabilized C or capture potential upside. Upside
via amenity improvement and rental increase.
The 4 buildings on the property all
have stucco exterior, pitched roofs, and concrete parking
lots. The complex is comprised of 48 units with 16-1 bdrm/1 bath (700 sq ft) and
32-2 bdrm/2 bath (960 sq ft) units. Some units come with
fireplaces, washer/dryer hook ups, and walk in closets. Each unit is
individually metered for tenants to pay for electricity and
the owner is gradually converting all tenants to pay
This two-story apartment community was
built in 1983 and sits on 3.04 acres of land fronting
Interstate 30 in the East Dallas/Garland submarket.
Castle Glen is conveniently
located in east Dallas approximately 30 minutes from Love
Field and 40 minutes from DFW Airport.