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29772909
29772900

3250 Merida Ave, Fort Worth, TX 76109 For Sale

RU
TX TX 0657253
League Commercial
Listed by League Commercial
Unpriced
153 days on market
Updated 13 days ago

TCU 13 SFR Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Student Housing
Net Rentable (SqFt) 27,493
Units 52
Cap Rate 7.26%
Occupancy 100%
Pro-Forma Cap Rate 7.35%
Class A
Year Built 2019-2025
Buildings 13
Stories 1

13 SFR | 52 Beds | 100% Leased Through May 2027

Marketing description

Portfolio Offering Of 13 Newer Construction Single-Family Homes, Built 2019+.

Each Home Is 4 Bedrooms/4 Bathrooms, 2 Car Garages With Large Backyards.

100% Leased Through May 2027. Over 50% Pre-Leased for 2027-2028 School Year.

Portfolio Strategically Acquired and Constructed In Close Proximity To Campus. Each Home Has Similar Layouts and Finishes Giving New Ownership Fantastic Ability To Operate At Scale.

Current Ownership Has Property Management In-House With A Strong Desire To Remain In Place. Management Has Achieved Historically High Occupancy Rates Due To Strong Relationships With On-Campus Organizations And Knowledge Of TCU Rental Market.

Listing Contacts

RU
TX TX 0657253
League Commercial
Listed by League Commercial

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Additional Information

Name
Ross Utley
License
TX 0657253
Brokerage Phone
817-523-9113
Brokerage Address
5220 Locke Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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