SAWYERS MILL
ARLINGTON, TEXAS
INVESTMENT OPPORTUNITY
Property Details
501 Fuller St, Arlington TX 76011
133 Units
PURCHASE PRICE:
$97,744 / Door
$13,000,000
Closing: Dec. 2023
OPERATION:
NOI: $887,395 (Cap 6.8)
Occ: 92%
Exp. Rate: 51%
Ave. Rent: $1313
Comps: $1558
Debt Structure:
Debt: $8.4M (65%)
Int. Rate: 6.5
Term: Fixed 5 YRS- 3 YRS I/O
Type: Fannie
60 Units Updated
Multiple Buildings
Built in 1969
4.55 Acres Lot Size
266 Parking Spaces
Value-Add Opportunity
Pitched Roofs
INVESTMENT PROJECTED RETURNS
Annual Cash Flow
7%
Equity Multiple
2.3x
Internal Rate Return
21%
Ave. Annualized Return
28%
Why Sawyers Mill?
Situated in the thriving community of Arlington, the location offers residents the advantage of proximity to major amenities, entertainment venues, and cultural attractions, ensuring a desirable and convenient lifestyle. Beyond its strategic location, Sawyer Mill Apartment stands out as a healthy asset, meticulously maintained and equipped with modern features that contribute to its long-term value and tenant satisfaction. Projected returns are promising, given the ongoing growth and development in the area. Additionally, the property presents a unique value-add proposition, providing investors with the potential to further enhance its appeal and market value through renovations or improvements. What makes this investment even more enticing is the presence of a motivated seller, creating an opportune environment for negotiation and securing a sound investment in the dynamic real estate market of Arlington, Dallas, Texas. Sawyer Mill Apartment emerges as a wise choice for those seeking both current value and future growth in their Real Estate Portfolio.
Communities Amenities
2 Laundry Facilities
2 Swimming Pools
Rental Office-Stand Alone
266 Parking Spaces
Picnic Area with BBQ Grills
Lush Landscaping
Copy & Fax Services
Part-Time Courtesy Patrol
Pet Friendly
Onsite Management
Easy Freeway & Public Transit Access
Near Shopping, Dining & Entertainment
Nearby Public Parks
Quick Commute to UTA
Apartment Amenities
Internet Access
Microwave Ovens
Spacious Floor Plans
Central Air Conditioning/Heating
All Electric Kitchens
Refrigerator
Dishwasher
Range with Oven
Disposal
Walk-In Closets
Ceiling Fans
Combination Tub/Shower Enclosure
Hardwood Flooring
Carpeting
Window Coverings
GENERAL PARTNERS
TOMMY JONES
MULTIFAMILY REAL ESTATE INVESTOR
Tommy had been in the Real Estate business for many years on the mortgage banker side, but he decided a year ago to start a company showing people how to invest in Real Estate. Since then, Tommy has taught countless students to buy and sell Real Estate as Investors. Tommy is a hands-on teacher and so many of his students are with him at the courthouse buying properties! The other part that Tommy says is very gratifying is selling homes to regular families at an affordable price. Tommy says, “my goal and my students’ goals are to buy homes, fix them up and sell them to people at prices that aren’t outrageous.
TOMMY JONES
MULTIFAMILY REAL ESTATE INVESTOR
Tommy had been in the Real Estate business for many years on the mortgage banker side, but he decided a year ago to start a company showing people how to invest in Real Estate. Since then, Tommy has taught countless students to buy and sell Real Estate as Investors. Tommy is a hands-on teacher and so many of his students are with him at the courthouse buying properties! The other part that Tommy says is very gratifying is selling homes to regular families at an affordable price. Tommy says, “my goal and my students’ goals are to buy homes, fix them up and sell them to people at prices that aren’t outrageous.
LEVI LASCSAK
MULTIFAMILY REAL ESTATE INVESTOR
Levi Lascsak is a dynamic force in the Real Estate Industry, seamlessly blending his roles as a highly successful Real Estate agent, a visionary video creator, and a co-founder of three prominent ventures—Living in Dallas Texas, Passive Prospecting, and Passive Productions.
With a remarkable track record, Levi has navigated the Real Estate landscape with finesse, contributing to $86.2 million in sales volume and earning an impressive $2.3 million in commissions. What sets him apart is his commitment to organic growth, achieving these milestones without resorting to any advertising spend.
JANA & TIM USELTON
ALIGNED EQUITY GROUP
MANAGING PARTNER
General Partner (GP) Owner/Investor, Managing Partner, or Co-Sponsor in 6 Multifamily Properties, Over 800 Doors: $96.5 Million in Texas
Limited Partner (LP) Owner/Investor Investor in 4 Additional Multifamily Properties, Over 1,000 Doors: $220 Million in Texas, Florida, Arizona
Personal Investment in Properties: $500KWith over 20 years in the real estate Industry, Jana has become an influencer and growth partner for many national businesses.
SHAWN RICEHOUSE
MULTIFAMILY REAL ESTATE
WEALTH CREATOR
Shawn began investing in Real Estate in 2010 holds SFR Rentals and Multifamily Property starting 2021. With a lifetime career in construction and successful REI Business, Shawn's goal is to create a economical and sustainable places to live top value his Investors. He has an impressive portfolio that includes 1795 doors in total and 1339 doors as GP 124AUM, showcasing not only his expertise but also the quality of his investments.
He is an active member in multiple REI organization i.e., Grant Cardone Mastermind, Rod Khleif, Lifestyles Unlimited and Michael Blank's REI Masterminds.
SHAWN RICEHOUSE
MULTIFAMILY REAL ESTATE
WEALTH CREATOR
Shawn began investing in Real Estate in 2010 holds SFR Rentals and Multifamily Property starting 2021. With a lifetime career in construction and successful REI Business, Shawn's goal is to create a economical and sustainable places to live top value his Investors. He has an impressive portfolio that includes 1795 doors in total and 1339 doors as GP 124AUM, showcasing not only his expertise but also the quality of his investments.
He is an active member in multiple REI organization i.e., Grant Cardone Mastermind, Rod Khleif, Lifestyles Unlimited and Michael Blank's REI Masterminds.
JONATHAN ARAQUE
MULTIFAMILY REAL ESTATE INVESTOR
Jonathan has accumulated over 6 years of experience in the Single Family, Fix and Flip, and Mobile home business, primarily operating in Wisconsin. In 2021, he diversified his investment portfolio by venturing into Multi-Family Properties across Atlanta and Texas.
He assumed the role of a General Partner in three deals, successfully overseeing a total of 1208 Units. Additionally, he also acted as a Limited Partner in 516 Units..
SERGIO AGUILAR
MULTIFAMILY REAL ESTATE INVESTOR
Sergio holds a bachelor's degree in construction management and possesses extensive experience in both exterior and interior finish outs, as well as structural concrete work in various types of construction, including single-family homes, commercial properties, and Multifamily buildings.
Presently, he is the owner of a commercial concrete company located in Dallas-Fort Worth. His company specializes in constructing foundations and handling site work for commercial, residential, and Multifamily projects.
SERGIO AGUILAR
MULTIFAMILY REAL ESTATE INVESTOR
Sergio holds a bachelor's degree in construction management and possesses extensive experience in both exterior and interior finish outs, as well as structural concrete work in various types of construction, including single-family homes, commercial properties, and Multifamily buildings.
Presently, he is the owner of a commercial concrete company located in Dallas-Fort Worth. His company specializes in constructing foundations and handling site work for commercial, residential, and Multifamily projects.
BRIAN WOOLERY
MULTIFAMILY REAL ESTATE INVESTOR
Brian Woolery, a visionary in the realm of Real Estate, embarked on his investment journey in 2012 with a passion for building wealth through strategic property ventures. With a discerning eye for opportunities, Brian quickly established himself as an investor, navigating the complexities of the Real Estate. In 2022, Brian acquired 23 rental properties, showcasing his ability to identify, evaluate, and seize lucrative investment prospects.
Presently, Brian Woolery has evolved into a prominent Multifamily syndicator, overseeing an impressive portfolio of 588 units. His story continues to inspire, illustrating the rewards of calculated risk-taking and a steadfast commitment to the world of Real Estate.
NATASHA WOOLERY
MULTIFAMILY REAL ESTATE INVESTOR
Natasha Woolery stands as a seasoned and accomplished Real Estate Investor with a 12 years in the industry. Her journey began over a decade ago when she entered the world of Real Estate Investment with a passion for navigating the complexities of property ventures. Over the years, Natasha has honed her skills and developed a keen understanding of the market, establishing herself as a knowledgeable and strategic investor.
Natasha achieved a remarkable milestone by acquiring 23 rental properties in 2022. This feat not only underscores her ability to identify and capitalize on lucrative investment opportunities but also highlights her commitment to building a diversified Real Estate portfolio.
NATASHA WOOLERY
MULTIFAMILY REAL ESTATE INVESTOR
Natasha Woolery stands as a seasoned and accomplished Real Estate Investor with a 12 years in the industry. Her journey began over a decade ago when she entered the world of Real Estate Investment with a passion for navigating the complexities of property ventures. Over the years, Natasha has honed her skills and developed a keen understanding of the market, establishing herself as a knowledgeable and strategic investor.
Natasha achieved a remarkable milestone by acquiring 23 rental properties in 2022. This feat not only underscores her ability to identify and capitalize on lucrative investment opportunities but also highlights her commitment to building a diversified Real Estate portfolio.
LARRY CARROL
MULTIFAMILY REAL ESTATE INVESTOR
Larry Carrol is a distinguished figure in the realm of Real Estate, bringing forth a wealth of expertise as a seasoned investor. With a comprehensive background as an Engineering and Operations Manager, Larry has seamlessly integrated his 13 years of leadership in engineering and operations into the dynamic landscape of Real Estate investment. His skill set has been refined through a decade-long tenure in construction, encompassing both commercial and residential projects, where he has demonstrated a profound understanding of the intricacies of the industry.
As a General Partner (GP) in 62 doors, Larry Carrol has exhibited a strategic and impactful presence in the Real Estate Investment sphere.
