Investment Highlights:
-80 Two-Bedroom Townhomes; 1982 Construction
-Actual Current Cap Rate of 6.75% | Return 13.8%
-Delivered Free of Debt | Attractive Financing Available
-Individually Metered; Ability to Increase Utility Billback for Water/Trash
-Ability to Enhance Unit Interiors and Exteriors
-Well-Managed Asset with Historically High Occupancy
-Close to Employers, with Strong Estimated Job Growth
-Nearby Hastings Elementary and Several Other Schools
Investment Narrative:
The Parkwood Plaza Townhomes is a quality well-kept multifamily asset built in 1982. The property is located in Duncanville, Texas, a city within Dallas, with easy access to Interstate 20’s booming major distribution corridor. The property neighbors Hastings Elementary School and restaurants, retailers, and Lakeside Park are all within walking distance.
Outside Brokers Welcome.
Parkwood Plaza Townhomes - 713 West Center Street, Duncanville, Texas 75116
