Hampshire Park Villas | 5117 N Hampshire Blvd
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Hampshire Park Villas 5117 N Hampshire Blvd
32 Unit Apartment Building $2,500,000 ($78,125/Unit) Fort Worth, TX 76112
Investment Highlights
- 32-unit rental community authorized for Section 8 Housing
- Situated within a network of major thoroughfares seeing ±100,000 VPD
- Section 8 rent approved for $1,250
- Value-add potential, management play
- Strong market demographics with steady demand for rentals and affordable property values compared to neighboring areas
Executive Summary
Patrick Graham
License No. 678067 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
License No. 678067 (TX)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225
Property Facts
Price | $2,500,000 | Building Class | C |
Price Per Unit | $78,125 | Lot Size | 0.81 AC |
Sale Type | Investment | Building Size | 16,305 SF |
No. Units | 32 | Average Occupancy | 95% |
Property Type | Multifamily | No. Stories | 1 |
Property Subtype | Apartment | Year Built/Renovated | 1962/2018 |
Apartment Style | Garden | Parking Ratio | 4.29/1,000 SF |
Price | $2,500,000 |
Price Per Unit | $78,125 |
Sale Type | Investment |
No. Units | 32 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.81 AC |
Building Size | 16,305 SF |
Average Occupancy | 95% |
No. Stories | 1 |
Year Built/Renovated | 1962/2018 |
Parking Ratio | 4.29/1,000 SF |
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 31 | - | 505 |
2+1 | 1 | - | 650 |
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PROPERTY TAXES
Parcel Number | 04675002 | Improvements Assessment | $2,564,900 |
Land Assessment | $35,100 | Total Assessment | $2,600,000 |
PROPERTY TAXES
Parcel Number
04675002
Land Assessment
$35,100
Improvements Assessment
$2,564,900
Total Assessment
$2,600,000
zoning
Zoning Code | B2-Multifamily Residentia |
B2-Multifamily Residentia |
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Hampshire Park Villas | 5117 N Hampshire Blvd
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