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Investment Highlights

  • 2022 built
  • Open concept
  • Centrally located

Executive Summary

This high-performing 8-unit portfolio offers a rare turn-key opportunity for investors seeking modern reliability and significant upside in the booming North Texas market. Built in 2022, the property promises a low-maintenance ownership experience with nearly new systems and premium finishes that command top-tier market rents. While currently 7 of the 8 units are leased for immediate cash flow, achieving full occupancy elevates the asset to a strong 5.48% Cap Rate. Strategically positioned to capitalize on the region’s massive growth, this investment is perfectly timed for the upcoming 2026 World Cup, which is set to bring nine matches—including a major semi-final—to nearby Arlington. With a projected multi-billion dollar economic impact and a surge in global demand for the area, this portfolio represents a sophisticated hedge against inflation and a play for significant long-term appreciation in one of the most resilient real estate corridors in the country.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,401,690 CAD
Price Per Unit $550,211 CAD
Sale Type Investment
Cap Rate 5.48%
Sale Condition Bulk/Portfolio Sale
Gross Rent Multiplier 12.54
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class B
Lot Size 0.78 AC
Building Size 18,000 SF
Average Occupancy 88%
No. Stories 3
Year Built 2022

Amenities

Site Amenities

  • Picnic Area

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3.5 8 $3,834 CAD 2,250
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 42765828
  • 42765810
  • 42765852
  • 42765844
  • 42765798
  • 42765801
  • 42765836
  • 42765780
Land Assessment
$567,960 CAD
Improvements Assessment
$3,157,857 CAD
Total Assessment
$3,725,817 CAD
  • Listing ID: 40121553

  • Date on Market: 2026-04-11

  • Last Updated:

  • Address: 1601 Mignon Dr, Arlington, TX 76010

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