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The Doreen Townhomes, 2401-2411 Doreen St 6 Unit Apartment Building $1,644,492 CAD ($274,082 CAD/Unit) Grand Prairie, TX 75050
Executive Summary
Sitting on almost half an acre in Grand Prairie, The Doreen Townhomes, represents a value add multi family opportunity. Current ownership has implemented a Section 8 tenant base strategy and is getting higher than market rents because of it. The value lies in renovating the last remaining unit and getting all units to maximum allowable rents. 4 of the units are 3-bedroom and 1.5 bath with the 5thand 6th being 4- bedrooms. All units are two stories and roughly 1375 square feet. Property is near major employers and Interstate 30.
Property Facts
| Price | $1,644,492 CAD | Building Class | C |
| Price Per Unit | $274,082 CAD | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 8,250 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1972/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.45/1,000 SF |
| Apartment Style | Townhome | Cross Streets | NW 24th St |
| Zoning | C - Commercial | ||
| Price | $1,644,492 CAD |
| Price Per Unit | $274,082 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 8,250 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2025 |
| Parking Ratio | 1.45/1,000 SF |
| Cross Streets | NW 24th St |
| Zoning | C - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Range
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 4 | - | 1,375 |
| 4+1.5 | 1 | - | 1,375 - 1,472 |
| 4+2 | 1 | - | 1,375 |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00690945 | Improvements Assessment | $1,046,049 CAD |
| Land Assessment | $69,551 CAD | Total Assessment | $1,115,600 CAD |
Property Taxes
Parcel Number
00690945
Land Assessment
$69,551 CAD
Improvements Assessment
$1,046,049 CAD
Total Assessment
$1,115,600 CAD
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The Doreen Townhomes, | 2401-2411 Doreen St
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