48 unit apartment complex. 21- 2 bedroom and 27- 1 bedroom units. Permits are ready to be picked up at the city. Highly desirable area at Smokey Point just north of the main intersection in a quiet area off of Smokey Point BLVD. Perfectly level pure sand lot. Infiltration system beneath asphalt parking. City of Arlington has been wonderful to work with and is very favorable to this project. Estimated construction costs $90,000 per unit. Estimated finished value $175,000 per unit.
Additional Property Details