312 W Terrell Ave, Fort Worth, TX for Sale
Apartments - FOR SALE
1/22
null | Request Cap Rate

312 W Terrell Ave
Fort Worth, TX 76104
Southside Medical District


HIGHLIGHTS

  • Class A boutique community built in 2021 featuring rooftop deck, gated parking garage, resident lounge, and premium amenities
  • Expand the furnished unit program and implement bulk cable & internet to create more than $37K in additional annual ancillary income
  • Prime Near Southside location minutes from Fort Worth's Medical District, Downtown, TCU, and major employment centers

OVERVIEW

Marcus & Millichap is pleased to present the exclusive listing of CoHo, a 54-unit Class A boutique apartment community located in Fort Worth, Texas. Completed in 2021, the property features a highly differentiated product offering highlighted by 44 thoughtfully designed studio residences equipped with innovative Ori® transformable living systems that maximize functionality and appeal to today's urban renter. New ownership can further increase revenue by implementing a bulk cable and internet program projected to generate more than $22,000 in annual net income, expanding the furnished unit program that has achieved rent premiums of up to $600 per month from traveling medical professionals, and fully implementing the recently increased amenity fee to generate an additional $15,000+ annually. Ideally located within Fort Worth's highly desirable Near Southside neighborhood, CoHo offers walkable access to entertainment, dining, and nightlife while benefiting from proximity to the Medical District, Texas Christian University, Downtown Fort Worth, and exceptional regional connectivity throughout the Metroplex.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

54

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CoHo Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,341 SF

ZONING

NST4N

APN/PARCEL ID

42452978

ASK ABOUT THIS PROPERTY

Mark McCoyMarcus & MillichapMore Info

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Mark McCoyMarcus & MillichapMore Info

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