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3601 Valley Vista Drive, 10604 Tube Drive, Hurst, TX, 76053

Valley Vista Townhomes

$10,000,000

Key Information

Cap Rate
5.23%
$ per SF
$142
Tot. SF
70,308
Lot Size
15.51 Acres
Units
46
Year Built
2014/2019
Type
Apartments
Occupancy
97.8%

Highlights

• 46-unit multifamily portfolio located in Hurst, Texas, offered under single ownership at a $10,000,000 whisper price
• 100% three-bedroom, two-bathroom unit mix with individual patios
• Current rental rates are reportedly $260 below market, presenting a mark-to-market opportunity through natural turnover and lease renewals
• 3601 Valley Vista Drive having received a new roof in 2025, helping reduce near-term capital expenditure exposure
• Develop additional units on existing vacant land
• Add covered parking and implement charges for ancillary income
• The surrounding 3-mile trade area reports a median household income of $72,800
• Elementary schools are noted at 8/10, while the middle school is rated 9/10
• 97.8% occupancy
• Single ownership acquisition, eliminating the complexity often associated with coordinating multiple sellers

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204