Multifamily
Hanover House
1240 W Avenue D, Garland, TX 75040
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Colonial, a 31-unit multifamily portfolio located in Garland, Texas, built in 1977. Positioned directly across from Garland High School and supported by the city’s strong and diverse employment base, the properties provide a compelling value-add investment opportunity.
Listing Price: Request For Offer
Investment Highlights
- Interior upgrades at Colonial can capture $100/unit rent premiums
- Water conservation program offers $39K in combined annual savings
- Attractive financing with multiple years of interest-only term enhances returns
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Colonial, a 31-unit multifamily portfolio located in Garland, Texas, built in 1977. Positioned directly across from Garland High School and supported by the city’s strong and diverse employment base, the properties provide a compelling value-add investment opportunity.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
