505-509 Armstrong Dr

• Value-Add Opportunity | ~40% Post-Renovation Rental Upside
• 27% Rental Upside Pre-Renovation
• 8 Total Units | ±7,360 Total Rentable SF
• 1984 Year Built | 0.26-Acre Site
• Pro Forma Cap Rate: 7.69%
• Market Rents: $1,300 | Post-Renovation Rents: $1,450
• Situated just northeast of Downtown Dallas with convenient access to major transportation corridors including I-635, President George Bush Turnpike, and SH-78
• Dallas–Fort Worth ranks among the Top 3 U.S. multifamily markets and was named the #1 real estate market to watch in 2026
• 12 Major Employers within 1-Mile | 300+ Manufacturing Companies in Garland
• DFW Trailing 12-Month Multifamily Sales Volume: $10.4B+