Wilshire Manor/Joint Venture
1736 West Randol Mill Road • Arlington, TX
Status:
Sold
Close of Escrow: 03/30/2007
Market Time: 73 Days
Activity ID: N0060311

Total Number of Units: 57
Year Built: 1968
Sale Price: $2,225,000
Price per Unit: $39,035
Price per Square Foot: $38.93
CAP Rate: 8.35%
GRM: 4.90
Downpayment: $450,000 (20%)
Net Operating Income: $185,747
Rentable Square Feet: 57,150
Lot Size: 2.01 Acres
Unit Type
Efficiency
1Bdr 1Bath
2Bdr 1Bath
No. of Units
4
17
36
The subject property consists of 3 buildings that include 57 units known as Wilshire Manor Apartments. The property is located on West Randol Mill Road in Arlington, Texas.