1609 Mignon Dr

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1609 Mignon Dr

Arlington, TX 76010
Asking Price
$3.10M
Cap Rate
5.48%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Portfolio includes eight individual residential rental units in Arlington
  • Asset is currently offered for sale at three million dollars
  • Property generates a cap rate of five point four eight percent
  • Units are located within the Dallas-Fort Worth metropolitan area
  • Portfolio functions as a turn-key single family rental investment

What's Special

This multifamily portfolio is currently for sale, providing a stable acquisition for investors seeking a turn-key asset. Comprised of 8 units, the property operates as a single family rental portfolio located in Arlington, Texas. Arlington sits centrally within the Dallas-Fort Worth metroplex, a region defined by its robust industrial base and consistent population growth that supports steady demand for residential rentals. The market benefits from proximity to major professional sports venues and several large educational institutions, making it a reliable destination for workforce housing and long-term residential tenants. This portfolio represents a consolidated investment opportunity in a submarket characterized by high occupancy rates and consistent rental demand. Professional management or private investors will find the existing operational scale efficient for current portfolio diversification strategies or as a foothold in the North Texas corridor.

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NOI
$80,000
Cap Rate
2.58%
DSCR
0.43
Underwater
Cash-on-Cash
-11.19%
Monthly Payment
$15,337.109
Annual Cash Flow
$-104,045.303

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