Commercial property acquisition & business integration at 2609 W Arkansas Lane, Dalworthington Gardens, TX — the flagship hub for NTX Limo & NTX Auto Service.
Listed at $1.65M by Peyco Southwest Realty. 2024 appraisal at $1.2M. Targeting $1.5M or below — bank reappraisal pending with environmental and inspections already cleared.
Conventional commercial financing for remaining 80%. Strong debt service coverage from day-one rental income supports favorable loan terms.
Includes established customer base, brand equity, and ongoing contracts. Subject to negotiation — $200K equipment conveyance provides significant leverage.
Chief EZ Liner frame machine, 24'×14' paint booth with fire suppression, 9,000# lift, rotary screw compressor, aluminum welding stations, and more — all conveyed. Buyer takes all FF&E.
| Tenant | Entity | Monthly Rent |
|---|---|---|
| NTX Limo Fleet Operations FLEET | North Texas Limo LLC | $5,000 |
| Precision Auto Body AUTO | Precision (50/50 JV) | $5,000 |
| Total Monthly / Annual Gross | $10,000 / $120,000 | |
Two captive tenants from day one. We control both businesses operating under one roof — no speculative leasing, no downtime.
Fleet maintenance, body work, paint, and detailing all move in-house. Every dollar we used to pay outside shops becomes margin.
Chief frame machine, laser measuring, semi-downdraft paint booth, 9,000# lift, aluminum welding stations — all in place. Zero CapEx on buildout. Turn the key.
Listed at $1.65M, 2024 appraisal at $1.2M, targeting $1.5M. At any acquisition price below list, investors enter with immediate equity cushion and negotiation leverage still in play.
Conservative $5K/tenant starting rents with a clear escalation path to $7K+ per tenant as both operations scale.
This becomes the operational HQ for NTX Limo's 100+ vehicle fleet — a strategic asset that anchors the entire business portfolio.