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1831 John Arden Dr
Waxahachie, TX 75165
Emory on Grand · Multifamily Property For Sale · 156 Units
PROPERTY FACTS
| No. Units | 156 | Building Size | 123,018 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1983 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 9.89 AC |
| No. Units | 156 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.89 AC |
| Building Size | 123,018 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.22/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Fireplace
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Pool
- Security System
- Planned Social Activities
- Wi-Fi
- Storage Space
- Smoke Detector
About 1831 John Arden Dr , Waxahachie, TX 75165
Victorian Square Apartments, located in Waxahachie, Texas which is located just 25-miles south of the Dallas CBD in Ellis County. Constructed in 1983 and 1998, Victorian Square is comprised of eleven 3-story buildings (132 units) and three 2-story buildings (24 units) with a favorable unit mix consisting of 71% 2-bedrooms and 29% 1-bedroom. All the buildings have brick veneer with NEWHardiplanksiding exteriors underneath NEWpitched composition roofs (2017). Every building has recently been double insulated with Radiant Barrier for energy efficiency, with NEWFrench doors leading to Juliet Balconies and double pane argon gas windows, recently installed. The 156 units sit on 9.89 acres and with additional land for development as well as excess green space to add a dog park, playground, volleyball court, and a pavilion with picnic area & built-in BBQ grills. The units are individually metered for electricity with individual HVACs and water heaters with an in-place RUB program. Additionally, all units have received either a light, moderate, full, or premium upgrade leaving room to burn off significant loss to lease of $100/unit and $220/unit between current average effective rent and sub-market rent comps.
PROPERTY TAXES
| Parcel Number | 180337 | Improvements Assessment | $13,305,085 |
| Land Assessment | $1,682,182 | Total Assessment | $14,987,267 |
PROPERTY TAXES
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