Price Upon Req.70,562 SF
The Lancaster Apartments is an 85 unit garden-style apartment community well located in Fort Worth, TX near the intersections of Loop 820 and Interstate 30. The average median income is $43,545 within a 1-mile radius of the property. The community was originally constructed in 1968 and consists of ten two-story buildings and two clothes care facilities. The property consists of approximately 70,562 square feet of leasable area and is situated on approximately 3.56 acres with a density of 23.9 units/acre. The subject' s location offers quick and convenient access to employment in the DFW metro area which is comprised of more than 6.3 million people and over 130,000 business establishments. The DFW job market experienced growth of approximately 136,900 new jobs over the last twelve months according to the Texas Workforce Commission. The Lancaster Apartments are constructed of mostly brick and some wood siding on concrete slab foundations. All 85 units on the property are individually metered for electricity. Each unit boast individual electric water heaters, pitched composition roofs and individual condensing units (HVAC).
TURN KEY, FULLY REHABBED, MAX ROI. ALSO MANY OTHER UNITS. 1031 Support. Selected by Investor for Investors. Our unique program offers only turn key mainstream quality properties highly selected for optimum investor ROI, fully rehabbed, with property management already in place. We connect you with the same professionals (loan, insurance, title, 1031 accommodator, property management, etc) that I use for my own personal portfolio. All properties are owned, managed and fully controlled by Wilson Properties, no assigns or middle man brokered deals, and they are in the same areas that I hold 240 units for my personal long term portfolio. I AM NOT AN AGENT. I am an out of state (CA) investor who primarily invests in DFW because it has the highest rent per invested dollar for a major economic center in the US. DFW is ranked #1 in the nation for projected growth and appreciation and has the most undervalued real estate; there is no bubble here. Follow in the footsteps of a seasoned successful investor who can help you reduce your risks, time and hassle in purchasing quality investments. CAN TAILOR PRODUCTS AND LOCATIONS TO MEET YOUR NEEDS.NEEDS.
Built in 1935 (TAD) with a pier and beam foundation and a brick facade, this property is a 2 story, 8 unit apartment building. The property is zoned NS-T5I, which allows for a wide variety of commercial uses. No leases are currently in place. Leases include utilities (ABP) and are only month-to-month. This is a great value add opportunity for an investor trying to capitalize on the growth of the Near Southside of Fort Worth. City incentives are available. Gross Income = $54,000 2014 Ad Valorem Taxes - $4,121.35 Property Insurance = $2,000 Utilities = $15,000 Maintenance = $11,000
Price Upon Req.10,332 SF
Near Southside Multifamily Portfolio 18 Total Units in 3 Separate Historic Buildings Vacant Lot to the adjacent South can be included Class C- buildings in need of repairs VALUE ADD OPPORTUNITY
Property is 1 of 3 buildings listed. Buildings CAN be separated. 3 units (1 bed/1 bath) and 6 efficiencies. 18 Total Units in all 3 buildings. Class C- buildings in NEED of repairs. Value add multifamily opportunity.
Property is 1 of 3 buildings listed. Buildings CAN be separated. 1 unit (1 bed/1 bath) and 4 efficiencies. 18 Total Units in all 3 buildings. Class C- buildings in NEED of repairs. Value add multifamily opportunity.
Property is 1 of 3 buildings listed. Buildings CAN be separated. 4 units (1 bed/1 bath). 18 Total Units in all 3 buildings. Class C- buildings in NEED of repairs. Value add multifamily opportunity.
Recently update 3/2/2 in established neighborhood. Fresh paint, carpet& vinyl. roof replaced in 2015. updated appliances and light fixtures. looks and feel like a new home.
Historic Southside apartment building in need of restoration to bring it back to it's full optimum market value. When the Hemphill connection to downtown is completed, this iconic apartment building can be returned to its past historic stature. Current zoning is Neighborhood Commercial.
1221, 1301 and 1307 Belle Place duplex buildings. 3 buildings consisting of 2 units each, totaling 6 units. Each unit is the same floor plan consisting of 1,882 square feet, 2 bedrooms, 2 1/2 baths with large room sizes and attached rear entry 2 car garages. Currently only 4 of the 6 are occupied. 3 of them at below market rates. Vacant units for lease, with much activity. Parcel ID's are: 06110304, 00373575, 00373583