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1016 East Arlington Ave | Quadplex 1016 E Arlington Ave 4 Unit Apartment Building $610,166 CAD ($152,542 CAD/Unit) 9% Cap Rate Fort Worth, TX 76104
Investment Highlights
- Beautifully renovated
- Designated parking
- Near downtown Fort Worth
- Attractive floor plan
- Yard drainage system
- Roof replaced within the last 5 years
Executive Summary
Beautifully renovated quadplex located just 4 miles from vibrant downtown Fort Worth. Attractive and highly rentable floor plan for long-term or mid-term leases. Designated parking for each unit. Recent improvements make this an exceptional low-maintenance addition to any portfolio. In 2025, the yard drainage system was replaced, providing peace of mind for years to come. Interior updates throughout the property enhance durability and tenant appeal, while the spacious layout in each unit supports strong, consistent rental demand. Situated in a quickly growing corridor with easy access to major highways, medical centers, universities, and Fort Worth's cultural district, this property is perfectly positioned for sable cash flow and long-term appreciation.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$71,719
|
$19.53
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$71,719
|
$19.53
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,679
|
$4.54
|
| Net Operating Income |
$55,040
|
$14.99
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $71,719 |
| Annual Per SF | $19.53 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $71,719 |
| Annual Per SF | $19.53 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,679 |
| Annual Per SF | $4.54 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $55,040 |
| Annual Per SF | $14.99 |
Property Facts
| Price | $610,166 CAD | Building Class | C |
| Price Per Unit | $152,542 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,672 SF |
| Cap Rate | 9% | No. Stories | 2 |
| No. Units | 4 | Year Built | 1930 |
| Property Type | Multifamily | Parking Ratio | 1.25/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | MF - Multifamily | ||
| Price | $610,166 CAD |
| Price Per Unit | $152,542 CAD |
| Sale Type | Investment |
| Cap Rate | 9% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,672 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 1.25/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF - Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,494 CAD | 918 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02858207 | Improvements Assessment | $416,956 CAD |
| Land Assessment | $25,018 CAD | Total Assessment | $441,974 CAD |
Property Taxes
Parcel Number
02858207
Land Assessment
$25,018 CAD
Improvements Assessment
$416,956 CAD
Total Assessment
$441,974 CAD
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1016 East Arlington Ave | Quadplex | 1016 E Arlington Ave
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