Multifamily Property for Sale in Grand Prairie, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Grand Prairie, TX 75051

Description

Marcus & Millichap is pleased to present the exclusive listing of Savannah Square, a 56-unit apartment community located in Grand Prairie, Texas. The property offers immediate operational upside through a water conservation program projected to reduce expenses by approximately $17,000 annually, alongside already realized savings from electrical upgrades that have lowered insurance costs. Ownership has invested approximately $97,000 in recent capital improvements, including breaker replacements, roof upgrades, and system enhancements, significantly reducing near-term capital requirements. Positioned near the General Motors Arlington Assembly Plant and Arlington’s premier entertainment district, and with direct access to Interstate 30, Highway 360, and the George Bush Turnpike, Savannah Square benefits from strong regional demand drivers and long-term growth fundamentals, making it an attractive value-add investment opportunity in the DFW metroplex. Investment Highlights: • $17K+ annual savings through water conservation plus reduced insurance expenses • $97K in recent capital improvements lowers near-term CapEx needs • Located near major Arlington employment and entertainment hubs

Market Context

This multifamily in Grand Prairie, TX is listed for sale. It has been on the market for 66 days. Compare it against other multifamily listings for sale in Grand Prairie, TX — <a href="/search/sale/multifamily/texas/grand-prairie">view the full market</a>.

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