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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

Property Facts

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

PROPERTY TAXES

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
  • Listing ID: 33601760

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 5117 N Hampshire Blvd, Fort Worth, TX 76112

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