Property profile

1723 Oak Knoll Dr Haltom City, TX 76117

OFF-MARKET
Apartment buildings
Property ID
US83-4045831
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Property summary

AI-generated overview

This exceptional value-add opportunity presents a well-located 8-unit apartment building in Haltom City, Texas. The property, situated at 1723 Oak Knoll Dr, 76117, comprises four buildings with a total of eight units: two single-family units, one duplex, and one quadplex. All units underwent interior renovations between 2022 and 2023. Currently boasting 70% occupancy, this property offers significant upside potential. The exterior of the complex presents an opportunity for enhancement, which would undoubtedly increase tenant appeal and rental income. Ample parking is available for residents and guests. The property features large, undeveloped areas that could be improved with additions such as a fenced pet area or children's play area. Utilities are divided between tenant and owner responsibility; tenants pay electricity, while the owner covers water expenses. This multifamily investment is priced at $999,000 and presents a compelling opportunity for investors seeking to increase property value through strategic improvements and increased occupancy. The two-story buildings offer a comfortable living environment in a desirable location within Tarrant County.

Property profile

Verified
Property type Apartment buildings
UPID US83-4045831

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1723 Oak Knoll Dr Haltom City, TX 76117
Haltom City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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