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Stratton 2420 E Abram St 444 Unit Apartment Building For Sale Arlington, TX 76010
Investment Highlights
- Stabilize occupancy to match market averages for substantial rent growth
- Attractive loan assumptions and bridge options maximize early cash flow
- Leverage shared operations and staffing to drive operational efficiency
Executive Summary
Marcus & Millichap is pleased to present the exclusive listing of Stratton, a 443-unit multifamily community built in 1966 in Arlington, Texas. The property features proven rental demand and operational scale, contributing to the portfolio’s overall stability and long-term growth outlook.
Property Facts
| Sale Type | Investment | Lot Size | 19.88 AC |
| No. Units | 444 | Building Size | 362,847 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1966 |
| Building Class | B | Parking Ratio | 2.48/1,000 SF |
| Sale Type | Investment |
| No. Units | 444 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 19.88 AC |
| Building Size | 362,847 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 2.48/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
Site Amenities
- Controlled Access
- Playground
- Property Manager on Site
- Tennis Court
- Package Service
- Maintenance on site
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 233 | - | 546 - 834 |
| 1+1.5 | 9 | - | 834 |
| 2+1.5 | 191 | - | 988 - 1,008 |
| 2+2 | 2 | - | 1,008 |
| 3+2 | 9 | - | 1,200 |
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Property Taxes
| Parcel Number | 06697402 | Improvements Assessment | $61,612,281 CAD |
| Land Assessment | $4,142,826 CAD | Total Assessment | $65,755,107 CAD |
Property Taxes
Parcel Number
06697402
Land Assessment
$4,142,826 CAD
Improvements Assessment
$61,612,281 CAD
Total Assessment
$65,755,107 CAD
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Stratton | 2420 E Abram St
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