Multifamily
Running Brook
1519 Running Brook Dr, Arlington, TX 76010
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Running Brook, a 232-unit multifamily community built in 1983 and located in Arlington, Texas. This value-add opportunity offers investors the chance to boost revenue by more than $300,000 annually through continued unit renovations, capturing untapped cable/internet income, and implementing washer/dryer and covered parking programs with strong ROI potential. Ideally positioned near the University of Texas at Arlington, Texas Health Arlington Memorial Hospital, and the General Motors Assembly Plant, the property also benefits from proximity to AT&T Stadium, one of the most iconic sports venues in the country. Attractive financing options are available, including agency and bridge debt with interest-only terms.
Running Brook
Investment Highlights
- Boost Annual Income by $300,000+ Through Continued Interior Unit Upgrades
- $90,000 in Annual Revenue Available by Recapturing Remaining Cable/Internet Fees
- Furnish Washer Dryer Sets for a Monthly Fee in Untapped Revenue Source with 42% Annual ROI
- Install Covered Parking Spaces at $50 Monthly Fee with Robust Demand
- Adjust Cable/Internet Fee for Legacy Subscribers to Increase Revenue Without Additional Expense
- Agency or Bridge Financing Available to Maximize Cash Flow with Interest-Only Term
- The University of Texas at Arlington Enrolls more than 32,000 Students and is Located Just Minutes from the Property
- Texas Health Arlington Memorial Hospital, One of the City's Top Employers, Provides over 4,000 Healthcare Jobs Nearby
Listing Price: Request For Offer
Investment Highlights
- Boost Annual Income by $300,000+ Through Continued Interior Unit Upgrades
- $90,000 in Annual Revenue Available by Recapturing Remaining Cable/Internet Fees
- Furnish Washer Dryer Sets for a Monthly Fee in Untapped Revenue Source with 42% Annual ROI
- Install Covered Parking Spaces at $50 Monthly Fee with Robust Demand
- Adjust Cable/Internet Fee for Legacy Subscribers to Increase Revenue Without Additional Expense
- Agency or Bridge Financing Available to Maximize Cash Flow with Interest-Only Term
- The University of Texas at Arlington Enrolls more than 32,000 Students and is Located Just Minutes from the Property
- Texas Health Arlington Memorial Hospital, One of the City's Top Employers, Provides over 4,000 Healthcare Jobs Nearby
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Running Brook, a 232-unit multifamily community built in 1983 and located in Arlington, Texas. This value-add opportunity offers investors the chance to boost revenue by more than $300,000 annually through continued unit renovations, capturing untapped cable/internet income, and implementing washer/dryer and covered parking programs with strong ROI potential. Ideally positioned near the University of Texas at Arlington, Texas Health Arlington Memorial Hospital, and the General Motors Assembly Plant, the property also benefits from proximity to AT&T Stadium, one of the most iconic sports venues in the country. Attractive financing options are available, including agency and bridge debt with interest-only terms.
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