972-379-9862
6625 S Hulen St, Fort Worth, TX for Sale
Apartments - FOR SALE
1/31
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6625 S Hulen St
Fort Worth, TX 76133
Wedgwood


HIGHLIGHTS

  • Attractive Lender Financing Available
  • $3.3MM+ in Value Enhancement through RUBS Implementation for Water & Electricity, Interior Renovations, and a Cable & Internet Package
  • More than Half are 2-3 Bedroom Units - Up To 1,400 SF
  • $79,000+ Median Household Income in a 3-Mile Radius (Yardi)
  • Within 1-Mile of the Hulen Plaza and Hulen Square, and near Texas Christian University

OVERVIEW

Summary: The Multifamily Group is proud to present the exclusive offering of The Nolan, an all-bills-paid, value-add investment opportunity located in Fort Worth, Texas. Built in 1968, the property comprises 100 units with an average size of 982 square feet and features one-, two-, and three-bedroom floor plans. Over half of the units are two- or three-bedroom layouts exceeding 1,000 square feet. Currently 57% occupied, The Nolan stands in a submarket with strong occupancy levels of 92% (Yardi). The seller, Vista Bank, is providing attractive lender financing, contact a TMG broker for additional information. Value-Add: - Implement tenants paying for electricity. - Introduce RUBS for water. - Renovate the interiors of all of the units. - Implement a bulk cable and internet package (quote from Spectrum is available upon request.) Location: The Nolan Apartments are strategically located in the established Wedgwood neighborhood of Fort Worth, positioned directly along South Hulen Street, one of the area’s primary retail and commuter corridors. Residents benefit from immediate access to a wide range of conveniences, with Hulen Plaza, Hulen Square, and multiple shopping centers located less than a mile from the property. The area offers an abundance of national retailers, daily-needs services, restaurants, and entertainment options, making it a highly convenient location for renters. The property is also situated within close proximity to major employment centers, medical providers, and educational institutions, including Texas Christian University, offering excellent accessibility to key demand drivers across the southwest Fort Worth submarket. Additionally, residents enjoy quick connectivity to some of the city’s top recreational attractions, such as the Fort Worth Zoo, the Botanic Garden, and the Cultural District, all within a short drive.

FOR SALE DETAILS

PRICE

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# OF UNITS

100

CAP RATE

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% LEASED

57%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Nolan

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

146

LAND DETAILS

LAND ACRES

4.57 AC

LAND SF

199,069 SF

ZONING

-

APN/PARCEL ID

04885961

ASK ABOUT THIS PROPERTY

Chase DavisThe Multifamily GroupMore Info
972-379-9862

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Chase DavisThe Multifamily GroupMore Info
972-379-9862

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