6520 Red Sierra Dr, Fort Worth, TX 76112
135 Unit Apartment Building | For Sale | Fort Worth, TX 76112
- Property Type
-
Multifamily
- Square Feet
- 124,382 SF
Listing Contacts
Connor Biernat
David Dirkschneider
Andrew Wright
John Parducci
Trevor Hubbard
Sean Holamon
Aaron Cervantes
Property Overview
Capstone is pleased to present Chaparral Apartment Homes, a 135-unit, garden-style community in the thriving city of Fort Worth, TX. Chaparral offers substantial potential to increase revenue through interior unit renovations. Modernizing the units can drive rent premiums, aligning rental rates with higher market standards and boosting overall income. The property benefits from favorable tax exemptions through the PFC financing program. These tax advantages enhance the property's financial performance by reducing operating expenses, thereby improving net operating income and investment metrics. Located in Fort Worth, TX, one of the pillar cities of the Dallas-Fort Worth submarket, the property enjoys excellent access to major employment centers, educational institutions, and recreational amenities. Fort Worth's robust economic growth and dynamic population make it an attractive market for multifamily investments, ensuring strong demand and long-term stability.
Property Details
- Class
- B
- Year Built/Renovated
- 1969/2000
- Stories
- 2
- Lot Size (sq. ft)
- 199,940 SF
- Units
- 135
Highlights
- Favorable Tax Exemptions
- Significant Financial Upside
- Strategically Located in Fort Worth, TX
Nearby Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].