972-432-7436
6626 Reeves St, Richland Hills, TX for Sale
Apartments - FOR SALE
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6626 Reeves St
Richland Hills, TX 76118


HIGHLIGHTS

  • Prime Location: Just 15 minutes from Downtown Ft. Worth, DFW Airport, and major highways, with proximity to malls and key amenities.
  • Upside Potential: Numerous value-add opportunities available
  • Community Benefits: Located near bustling intersections, retail outlets, and educational institutions
  • Well-Maintained Asset: Strong unit mix, individual HVAC, and hot water systems.
  • Capital Improvements: Over $1M invested in both exterior and interior upgrades, enhancing aesthetic appeal and functionality.
  • Financing Options: Positive leverage with assumable FSBL proceeds and favorable fixed rates, offering flexibility for potential buyers.

OVERVIEW

Richland Court Apartments & Townhomes is a renovated 46-unit multifamily community located in Richland Hills, a suburb of Fort Worth. The property was built in 1970 and is comprised of 5, two-story buildings with brick siding, situated on a total area of 1.68 acres. Richland Court offers spacious and well-appointed one- and two-bedroom floor plans. Amenities may vary by unit and include vinyl wood plank flooring throughout, fully equipped kitchens and contemporary bathrooms with tiled tub and shower surrounds. A property management office is on-site, and ample parking spaces are provided.

FOR SALE DETAILS

PRICE

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# OF UNITS

46

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Richland Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

R-4, Richland Hills

APN/PARCEL ID

42072466

ASK ABOUT THIS PROPERTY

Byron GriffithGlobal Real Estate AdvisorsMore Info
972-432-7436

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Byron GriffithGlobal Real Estate AdvisorsMore Info
972-432-7436

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.