Property
Beds
36
Full Baths
12
1/2 Baths
None
Year Built
1971
Sq.Footage
10,452
EXCEPTIONAL 12-UNIT VALUE-ADD OPPORTUNITY, 100% OCCUPIED, WEATHERFORD, TX Rare chance to acquire a fully stabilized, cash-flowing 12-unit apartment complex in one of North Texas's fastest-growing exurban markets. Situated on 0.70 acres in the heart of Weatherford (Parker County), this turnkey asset is currently 100% leased with strong in-place rents and proven, sustained demand. The all 3 bedroom, 1 bath unit mix is a standout in this submarket, appealing to families and roommates alike and supporting both rent premiums and low turnover. Units have been tastefully remodeled, featuring fresh paint, hard surface flooring throughout, updated lighting, updated bathroom finishes, spacious bedrooms, and bright natural light. Each unit offers a large living area with separate dining and kitchen space and is individually metered. Tenants pay their own utilities, keeping owner expenses low and NOI strong. Off street parking and a quiet, established community setting round out the appeal. The financials tell the story: stable rental income, a lean operating expense profile, and meaningful value add upside through continued rent optimization and unit improvements. This is a true pride of ownership investment that performs today while leaving room to grow. Tenants enjoy quick access to historic downtown Weatherford, shopping, dining, and major employers, with an easy commute to Fort Worth via I-20. The property sits within Weatherford ISD and minutes from local schools and parks, factors that keep occupancy high and tenants in place. Ideal for first time multifamily buyers, 1031 exchange investors, or seasoned operators seeking dependable cash flow plus upside. PLEASE DO NOT DISTURB TENANTS. All units are occupied. Interior inspections will be permitted only after an executed contract. Please do not approach or disrupt residents. Financials, rent roll, and pro forma available to qualified buyers upon request.??????
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, High Speed Internet
-
Total Bedrooms
36
-
Bathrooms
12
-
Cooling YN
YES
-
Cooling
Electric, Wall Unit(s)
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Barbecue, Courtyard, Lighting, Uncovered Courtyard
-
Parking
Asphalt, Deeded, On Site, Open, Parking Lot, Unassigned
-
Patio and Porch Features
Deck
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot, Landscaped, Many Trees
-
Lot Size(acres)
0.701
-
Lot Size(square feet)
30535.56
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,449,000
-
Tax Amount
$19,625
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Curtis
-
Middle School
Hall
-
High School
Weatherford
Property Features
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
2
-
Water Source
Public
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Location
County
Parker
Elementary School
Curtis
Middle School
Hall
High School
Weatherford
Listing Courtesy of Von Sutten , Ready Real Estate LLC
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AGENT
Joe Boston
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