3220 Forest Park Blvd, Fort Worth, TX 76110
4 Properties Offered at $7,180,000 in Fort Worth, TX
For Sale
Active
Asking Price $7,180,000
- Property Type
-
Multifamily
Listing Contacts
Property Overview
Purple Real Estate is excited to introduce a brand-new TCU Student Housing Portfolio for sale. The TCU Duplex Portfolio is a brand new Class-A development consisting of 4 duplexes totaling 40 bedrooms, located on the 3200 block of McCart Ave, 3200 block of Forest Park Blvd and 2300 block of Benbrook Blvd in Fort Worth, Texas.
All properties are currently 100% leased for the 2024-2025 school year, with deposits and guarantors on file. All of the leases are for 12 months. No concessions or specials were offered during lease up. Leases period starting from June 1, 2024.
The TCU Duplex Portfolio is located within walking distance of the TCU campus, approximately half a mile away. Thoughtful floor plans combined with wonderful amenities create an unrivaled living experience including roof top terraces.
This portfolio is being offered as a whole, or individually. It is being marketed without a Call For Offers date, and is available on a first come first serve basis.
All properties are currently 100% leased for the 2024-2025 school year, with deposits and guarantors on file. All of the leases are for 12 months. No concessions or specials were offered during lease up. Leases period starting from June 1, 2024.
The TCU Duplex Portfolio is located within walking distance of the TCU campus, approximately half a mile away. Thoughtful floor plans combined with wonderful amenities create an unrivaled living experience including roof top terraces.
This portfolio is being offered as a whole, or individually. It is being marketed without a Call For Offers date, and is available on a first come first serve basis.
Highlights
- An opportunity to acquire an off-campus TCU student housing portfolio located in Fort Worth, Texas (Dallas-Fort Worth MSA).
- High end designer finishes such as oversized kitchens, quartz counter tops, stainless steel appliances, large balconies & on-site parking.
- Each unit contains their own heating and air conditioning systems, two stackable washer/ dryer units and tankless hot water heaters.
- These asset types are in high demand among the TCU student body and are currently leased out until May 2025.
- Favorable demographics of the TCU student population provides a great opportunity to investors looking for long term stability & steady rent increase
- Conveniently located 0.4 miles from TCU’s campus in the middle of a high growth district surrounded by like-kind properties full of TCU students.
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