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Arlington Off-Market Quadplex $690k

601 Greystoke Dr, Arlington
ROI
17.56% IRR
Strategy
Long Term Rental
Rare off market quadplex in Arlington at a great price. This is the heart of the DFW metro and has a dense tenant pool. Currently 1 unit is occupied with a tenant paying $1500 per month. The other 3 units are renovated and ready for tenants. Less than a half mile from AT&T stadium, 1 mi from Globe Life Field, 3 mi from UTA and 3.5 mi from Six Flags. Each unit has 2 bedrooms, 1.5 bathrooms. Long term lease comps average $1500 per door, the area also supports mid term rentals at $2000 per door. Taxes $9354.

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Arlington Off-Market Quadplex $690k

Listed 03/25/2025

601 Greystoke Dr, Arlington

Purchase Price:$690,000

Cash Outlay:$186,300

Cashflow:$798/mo

Cap Rate:7.22%

IRR:17.56%

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