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1600 E 15th St
Plano, TX 75074
Courtyard Apartments · Multifamily Property For Sale
·
28 Units
PROPERTY FACTS
| No. Units | 28 | Lot Size | 0.98 AC |
| Property Type | Multifamily | Building Size | 31,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1960/2017 |
| Zoning | MF-H/R | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 31,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2017 |
| Zoning | MF-H/R |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Refrigerator
- Oven
- Range
- Carpet
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
ABOUT 1600 E 15TH ST , PLANO, TX 75074
Courtyard Apartments is located in rapidly growing Plano, Texas which was recently named the 3rd Best Place to Live in America by Money Magazine. Constructed in 1960, Courtyard is comprised of a 2-story masonry building underneath a pitched composition roof in addition to a separate laundry, maintenance and mechanical building in the rear of the property. 27 units are 2 bed/1 bath - 800 SF in size and 1 is a 1 bed/1 bath that is 660 SF in size. 9 of the units were recently updated with dark laminate wood flooring; granite countertops and tumbled travertine backsplashes in the kitchen; modern vanities, mirrors, and tile enclosed showers in the bathrooms. The upgraded units have a proven rent increase of $120 more per month than the non-upgraded units. The property is master metered for all utilities and operates as “All Bills Paid,” with HVAC and hot water being provided through a central chiller and boiler. The asset is located approximately 1-mile east of I-75 and 1-mile north of the President George Bush Turnpike in the Plano East/North Richardson submarket which has an occupancy rate that has increased 4.03% over the trailing 6-months and an average rental rate of $1,287/unit which is 16.6% higher than the DFW average. The property is walking distance from the Historic Downtown Plano which is home to numerous unique shops, restaurants, and galleries, and it is also within 1-mile of major retailers and restaurants including ALDI Grocery, CVS Pharmacy, Home Depot, Olive Garden, Starbucks, Tom Thumb, Walgreens, and Wells Fargo. The property is situated 2-miles north of Richardson which is DFW’s 2nd largest employment hub, and it is just 9-miles from the Greater Legacy Corridor which is home to the corporate headquarters of Toyota, Boeing, JCPenney, Frito Lay, Ericcson, and more. The location offers residents an opportunity for a true live, work, play lifestyle with a walk score of 71 (very walkable) and bike score of 74 (very bikeable).
PROPERTY TAXES
| Parcel Number | R-0370-004-0060-1 | Improvements Assessment | $1,594,608 |
| Land Assessment | $1,047,205 | Total Assessment | $2,641,813 |
PROPERTY TAXES
