1415 Airport Fwy Irving, TX 75062

Property Details for 1415 Airport Fwy

Year built

1964

Construction

FRAME

Lot size

2.96 lot acres

Property size

80,262 SF

Zone code

Z177

Property type

Apartment buildings

APN

65014108610400000

APU

65014108610400000

Description

This exceptional 111-unit apartment building, known as Embassy Apartments, presents a compelling investment opportunity in the thriving city of Irving, Texas. Situated on a 2.96-acre lot at 1415 W Airport Fwy, 75062, this Class C multifamily property boasts 86,600 square feet of living space. Originally constructed in 1964 and extensively renovated in 2005, the property comprises eight buildings and offers a diverse mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments. Currently enjoying a 95.5% occupancy rate, this two-story complex benefits from its strategic location, providing convenient access to local amenities, schools, shopping centers, and major transportation arteries within Dallas County. The property's strong occupancy and desirable location make it an attractive investment prospect with significant potential for future growth and returns. The Embassy Apartments offer a solid foundation for a stable and profitable investment portfolio. This well-maintained property presents a rare opportunity to acquire a substantial multifamily asset in a high-demand market. The extensive renovation completed in 2005 ensures the property is well-maintained and ready for immediate income generation. Its location in Irving, Texas, offers easy access to major employment centers and transportation networks, further enhancing its appeal to potential tenants.

Location Insight

City

Irving

County

Dallas

State

Texas

Longitude

-96.9639

Latitude

32.8382

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments