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306 Martha St
Euless, TX 76040 Stonewood/Stone Creek

$9,250,000 USD

Apartments For Sale  •  78,716 SF

Property Details

  • Property Type Apartments
  • Total Building Size 78,716 SF
  • Lot Size 2.56 AC
  • Building Class C
  • Year Built 1964
  • Zoning R-1
0 Transit Score
62 Walk Score

Highlights

7.62% cap rate and 10% cash-on-cash return offer strong investor yield
Complete RUBS conversion to lower expenses and grow NOI
$1.5M in upgrades minimize capital exposure and enhance tenant retention

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Courtyard
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Tennis Court
  • Heating
  • Grill
  • Laundry Service
  • Ceiling Fans
  • High Speed Internet Access
  • Refrigerator
  • Satellite TV
  • Range
  • Views
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Centre Port/DFW (Trinity Railway Express - Dallas Area Rapid Transit (DART)) 8 min - 3.5 mi
Hurst/Bell (Trinity Railway Express - Dallas Area Rapid Transit (DART)) 10 min - 4.9 mi
AirportDriveWalkDistance
Dallas-Fort Worth International 14 min - 7.9 mi
Dallas Love Field 25 min - 16.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 175
Type: Surface
Included in Rent: Yes
Mark McCoy 817-932-6100 Marcus & Millichap
Mark McCoy 817-932-6100 Marcus & Millichap