511 Tierney Road Fort Worth, Texas 76112 | ListingSpark
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511 Tierney Road

Fort Worth, Texas 76112

Unlock Price {{ rets_property.status_price | currency:'$':0 }} Not for sale Selling Price
  • 0 Bedrooms
  • 0 Bathrooms
  • 50,344 Square Feet
  • 1962 Year Built
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About this Listing

Here is the opportunity you've been looking for. Smaller 62 unit complex with great 2 bedroom and 1 bedroom unit mix located along the East Lancaster corridor where urban renewal and redevelopment are well under away. This area is poised for a big comeback. The property is in the process of cycling the rents up and new rents projects an estimated 8% pro-forma cap rate. The all-bills-paid property has just undergone numerous upgrades to the central AC chill water system and domestic hot water system along with major sewer line replacement. Many of the units are remodeled with 8 units being remodeled down to the studs in 2016. Now's your chance for a great investment opportunity.

Main Details

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