612 S Blue Mound Rd - Apartments FOR SALE


Fort Worth, TX 76131- Blue Mound
$1,495,000 USD
817-715-1932
612 S Blue Mound Rd, Fort Worth, TX for Sale
$1,495,000 USD
Apartments - FOR SALE
1/13
null | 6.7% Cap Rate

612 S Blue Mound Rd
Fort Worth, TX 76131
Blue Mound


HIGHLIGHTS

  • All Units Updated 2018
  • 100% Occupied
  • Average Rent $2.03 PSF

OVERVIEW

The Willows Apartments present an exceptional investment opportunity with the added benefit of Owner Financing. Located at 612 S. Blue Mound Rd. in Fort Worth, the property sits within the highly regarded Eagle Mountain-Saginaw ISD, a strong driver of leasing demand and rental growth. The property is currently 100% occupied and is comprised of eight well-maintained units, each offering two bedrooms and one bathroom. Ample tenant parking is available along the side and rear of the property. Strategically positioned near Loop 820, I-35W, and Highway 287, the Willows provides residents with convenient access to major employment centers, retail, and schools. With stabilized occupancy, strong rental fundamentals, and a high-visibility location, this offering represents an attractive opportunity for investors seeking long-term cash flow with the flexibility of Owner Financing.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

8

PRICE/UNIT

$186,875

CAP RATE

6.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willows Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

BC

APN/PARCEL ID

03830845

ASK ABOUT THIS PROPERTY

Heather Konopka CCIMSPERRY - The HKC GroupMore Info
817-715-1932

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Heather Konopka CCIMSPERRY - The HKC GroupMore Info
817-715-1932

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