100% Leased Turnkey 2018 DFW Duplex | 1001-1003 W Sierra Vista Ct
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
100% Leased Turnkey 2018 DFW Duplex 1001-1003 W Sierra Vista Ct
2 Unit Apartment Building $530,000 ($265,000/Unit) 5.70% Cap Rate Midlothian, TX 76065
Investment Highlights
- 100% Leased!
- High growth suburb outside of DFW
- Large health center: Methodist Midlothian Health Medical Center
- Strong tenant demand
- Ellis County projected to grow 200% by 2050
Executive Summary
This 100% leased duplex in Midlothian is a fantastic opportunity situated in a thriving suburban area just 30 minute drive to Dallas and Fort Worth. With the area’s rapid growth, this property is a smart, turnkey investment with professional property management in place at a favorable 5% rate. Both units are occupied through June 2025 by great long term tenants that have been there since 2022.High-end features include granite kitchen countertops, tiled backsplash, recessed lighting in the kitchen, and pendant lighting over the breakfast bar. Upscale wood-look plank tile flooring, upgraded carpet, walk-in master shower, sprinkler system, and fenced backyard.
Property Facts
| Price | $530,000 | Apartment Style | Townhome |
| Price Per Unit | $265,000 | Building Class | C |
| Sale Type | Investment | Building Size | 2,806 SF |
| Cap Rate | 5.70% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Parking Ratio | 1.43/1,000 SF |
| Price | $530,000 |
| Price Per Unit | $265,000 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Building Size | 2,806 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2018 |
| Parking Ratio | 1.43/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Walk-In Closets
- Carpet
- Yard
- Family Room
- Island Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2004 | $1,995 | 1,403 |
1 of 1
-
Erion Shehaj -
Signature Real Estate
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
100% Leased Turnkey 2018 DFW Duplex | 1001-1003 W Sierra Vista Ct
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.