Value-add 1% Rule duplex in the heart of Arlington
427 Claire Ct, Arlington
ROI
19.46% IRR
Strategy
Long Term Rental
Value-add 1% Rule duplex in the heart of Arlington. Great entry price with $330k ARV. Long-term tenants (15+ years) well below market rent, with cosmetic updates needed to increase. Centrally located between Six Flags, AT&T Stadium, Medical City, TWU, and Fort Worth. 1,870 sq ft duplex with 2 beds, 1 bath per side. Built in 1980. Both sides currently occupied on 6-month leases at $900/mo, with tenants in place for 15+ years. Cosmetic value-add needed (floors, paint, counters, cabinets).
