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29531396
29547238

1114 Newcastle Dr, Weatherford, TX 76086 For Sale

MT
TX 0549193
Mohsen Tartibi
Listed by Mohsen Tartibi
$5,500,000
165 days on market
Updated 58 days ago

Town Creek Townhomes

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 23,244
Net Rentable (SqFt) 23,244
Units 17
Cap Rate 4.22%
NOI $232,008
Pro-Forma Cap Rate 4.84%
Pro-Forma NOI $266,122
Price per SqFt $237
Class B
Year Built 2014
Buildings 4
Ownership Fee Simple

Multifamily | 17 Units | $323,529/unit

Marketing description

Town Creek community in the heart of Weatherford is a charming community offers a small-town feel with all the conveniences of city living. Enjoy easy access to shopping, dining, entertainment, and a quick commute to Fort Worth and DFW Airport. All these 17 Townhomes features 3 spacious bedrooms, 2 full bathrooms, and an open-concept layout with vaulted ceilings that enhance the sense of space and light. Step outside to a fully fenced backyard, perfect for pets or outdoor gatherings. With no rear neighbors, you’ll enjoy added privacy. Nearby parks offer walking trails, fishing, and dog parks for outdoor enjoyment. Come make this house your new home!

Listing Contacts

MT
TX 0549193
Mohsen Tartibi
Listed by Mohsen Tartibi

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$232,008.00
$19,334.00/mo

Valuation Metrics

0
DSCR
4.22%
Cap Rate
4.22%
ROI

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Property History

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