806-777-4459
4720 Wellesley Ave, Fort Worth, TX for Sale
Apartments - FOR SALE
1/41
null | Request Cap Rate

4720 Wellesley Ave
Fort Worth, TX 76107
Western Hills/Ridglea


HIGHLIGHTS

  • Multiple Opportunities for Value Enhancement
  • Current Rents Below Market Rate
  • Prime Location with High Demand

OVERVIEW

To view the financials: https://buildout.com/website/1525126-sale Property Description The Slate at Fort Worth is a 121-unit, two-phase apartment community built in 1969 and 1980, consisting of 11 two-story buildings with a mix of one and two-bedroom floorplans. Located in a strong Fort Worth submarket, the property features amenities including a swimming pool, dog park, two laundry centers, courtyard, sundeck, picnic area, and balconies in select units. The Slate presents multiple value-add opportunities, giving new ownership the ability to reposition and rebrand the asset to maximize its full potential. Location Description The Slate at Fort Worth is located in a central area just minutes from TCU and downtown Fort Worth. It's surrounded by top schools, parks, and major employers, making it ideal for students, families, and professionals. Residents enjoy easy access to Central Market, Trader Joe’s, and shopping at University Park Village and West 7th. The area also offers a wide variety of dining, retail, and entertainment options, all within a short drive. Highlights Multiple Opportunities for Value Enhancement Current Rents Below Market Rate Prime Location with High Demand

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

121

CAP RATE

Request Cap Rate

% LEASED

76%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Slate at Fort Worth

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.64 AC

LAND SF

158,558 SF

ZONING

C, Fort Worth

APN/PARCEL ID

00498173,00498203

ASK ABOUT THIS PROPERTY

Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

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Greg BrowndGo-Getters - MultifamilyMore Info
806-777-4459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.