Significant Price Reduction: CoHo Apartments

312 West Terrell Avenue, Fort Worth, TX

IN CONTRACT

$6,500,000

Price

0.4 acres

Lot Area

76%

Occupancy

Gallery
Street
Map
Overview
Lot Area
0.4 acres
Occupancy
76%
Class
A
Units
54
Average Room Size
346 sqft
Year Built
2022
Zoning
NST4N
Floors
3
Parking Spots
24
Parking Ratio
24
Description

Vanguard Real Estate Advisors is presenting the exclusive opportunity to purchase CoHo Apartments consisting of 54 studio units located at 312 West Terrell Avenue in the dynamic Near Southside neighborhood of Fort Worth, Texas. 43 units come partially furnished with the cutting-edge Ori Studio+, an expandable and mobile furniture console. Located approximately half a mile east of the Fort Worth Medical District, and half a mile south of the Central Business District, the asset attracts many renters who live and work in the immediate area. The Class "A" asset was built in 2022 and is currently 76% occupied.

The Asking Price was recently reduced to $6,500,000 ($120,370 per unit based on 54 units). This represents an excellent opportunity to acquire an asset of this vintage at an extraordinary price. The Property is being offered on an All-Cash basis, allowing a new investor unrestricted financing options.

To gain access to the full Offering Memorandum and Due Diligence Vault click on the link below.

https://docsend.com/view/s/9jepv9bbqzyeahmt

Please give us a call us to schedule a tour.

There is no co-broker fee being offered on this deal. Buyer's brokers will need to be compensated by their client.

Highlights
  • Class “A” asset constructed in 2022
  • All studio units that average a highly efficient 337 square feet
  • Integrated Ori Studio+ smart furniture in 43 of the units
  • Ideally located within Near Southside and walking distance to local shops, restaurants, breweries, live music venues, coffee shops, and more
  • Approximately half a mile east of the Fort Worth Medical District, a major employment hub of the city, and half a mile south of Fort Worth’s Central Business District
Documents
Title
CoHo_Flyer_12.12.2023.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery