2920 Sycamore School Rd
Fort Worth, TX 76133
Villa Monterrey Apartments · Multifamily Property For Sale
·
61 Units
PROPERTY FACTS
| No. Units | 61 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 8.24 AC |
| Building Size | 53,595 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 3.94/1,000 SF |
| Zoning | C, Fort Worth |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Double Vanities
- Kitchen
- Vaulted Ceiling
- High Speed Internet Access
- Walk-In Closets
SITE AMENITIES
- Business Center
- Day Care
- Fitness Center
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Gated
- Dry Cleaning Service
- Grill
- Maintenance on site
- Online Services
ABOUT 2920 SYCAMORE SCHOOL RD , FORT WORTH, TX 76133
Constructed in 1986, Villa Monterrey is comprised of 61 units in three 3-story buildings which have a combination of masonry and wood siding underneath pitched composition roofs completely replaced in 2018. Floor plans range in size from 598 SF to 1,275 SF with one-third of the units having 1-bedroom and two-thirds of the units having 2 and 3-bedrooms. The property also has a stand-alone leasing/management office with a laundry room, mail center and a swimming pool. The units are individually metered for electricity with individual HVAC units, electric water heaters, and a RUB program is in place for water and trash. Villa Monterrey is a stable asset with historically high occupancy, and it offers an opportunity to purchase a value-add “B” class asset in DFW with the ability to develop additional multifamily units and commercial property.
PROPERTY TAXES
| Parcel Number | 06658318 | Improvements Assessment | $6,286,870 |
| Land Assessment | $221,986 | Total Assessment | $6,508,856 |
