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21377131
21377152

3105 Sondra Dr, Fort Worth, TX 76107

NC
TX 0495270
Cultural District Property Management & Sales
Listed by Cultural District Property Management & Sales
$860,000
493 days on market
Updated 147 days ago

University Park Condominiums - Condo Package

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 7
Cap Rate 5.17%
NOI $44,500
Occupancy 100%
Pro-Forma Cap Rate 5.17%
Pro-Forma NOI $44,500
Broker Co-Op Yes

Multifamily | 7 Units | $122,857/unit

Marketing description

Presenting an amazing portfolio of condos in the University Park Condominiums in the sought-after West 7th/ Camp Bowie/ Cultural District of Fort Worth. Recent years has seen increasing redevelopment and demand in the area with the best yet to come. The community has a broad mix of students, professionals, empty nesters, and more. With the UNT Health Science Center medical school located just blocks away, these properties are always in demand for graduate students and medical researchers. These condos area all 1-1 units…5 studios and 2 traditional 1-1 floor plans. The studios are third floor units while the other two condos are on the ground floor. The units have all been nicely maintained and are suitable for student tenants, but could be renovated to take advantage of the increasing values and high-end developments nearby. With 100% occupancy, this is a turnkey package that also has huge value-add potential.

Investment highlights

Listing Contacts

NC
TX 0495270
Cultural District Property Management & Sales
Listed by Cultural District Property Management & Sales

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$44,500.00
$3,708.33/mo

Valuation Metrics

0
DSCR
5.17%
Cap Rate
5.17%
ROI

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Additional Information

Name
Nathan Coughey
License
0495270
Brokerage
Cultural District Property Management & Sales
Brokerage Phone
817-808-8470
Title
Broker of Record
Brokerage Address
4455 Camp Bowie Blvd. Suite 114, Fort Worth, TX. 76107
Name
Nathan Coughey
License
0495270
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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