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30091175
30091177

3 Locations

RU
TX TX 0657253
League Commercial
Listed by League Commercial
Unpriced
90 days on market
Updated 90 days ago

TCU Duplex Portfolio

Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 15,196
Net Rentable (SqFt) 14,850
Units 6
Beds 32
Cap Rate 6.41%
Occupancy 100%
Pro-Forma Cap Rate 6.43%
Broker Co-Op Yes
Class A
Year Built 2023-2025
Buildings 3
Stories 3

TCU Student Housing | 3 Duplexes | 32 Beds | 100% Leased

Marketing description

3 Newer Construction Student Housing Duplexes. Portfolio Consists Of 32 Bedrooms Total, (2) Ten Bedroom And (1) Rare Twelve Bedroom Duplex.

100% Leased Ror 2025-2026. 83% Leased For 2026-2027. Multiple Units Leased Through 2029. Contact Broker For Rent Roll.

High-End Designer Interior Finishes Including Oversized Kitchens With Large Islands, Quartz Countertops, Stainless-Steel Appliances, Multiple Living Spaces, Large Covered Balconies. Each Unit Equipped with (2) Sets Of Washers/Dryers And (1) Flat Screen Television.

Tenants Responsible For All Utilities (Electric, Water, Gas, Cable, Internet). Ample Parking For Tenants.

Investment highlights

Subject Properties Are Located In The Core Student Rental Market, Within Short Distance Of TCU And The Berry Street Corridor. Nearby Businesses Include Dutch Bros Coffee, Walgreen's and Fuzzy's Taco Shop.

Conveniently Located Near Credit Tenants Including Kroger, 7-11, Chase Bank, McDonalds And Starbucks.

Class A Rental Location For Students, Providing New Ownership With A Competitive Edge In Leasing.

Consistent Rental Demand From Students Due To Proximity To Campus, Resulting In High Occupancy Rates And Reliable Rental Income.

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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