7700 Chapin Rd | Fort Worth, TX 76116
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7700 Chapin Rd
Fort Worth, TX 76116
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Property located in Ridglea submarket near Ridglea Country Club and 15 minutes west of Downtown Fort Worth & Texas Christian University
- Updates include stainless steel appliances, stone countertops, LVP or tile flooring, updated fixtures, tile surround bathtubs.
- Anticipated reduction in repair and maintenance costs after addressing leaks, foundation issues, and tenant turnover.
- Spacious units over 1,100 SF with two bedrooms, 1.5 baths, walk-in closet in main bedroom.
- Recent owner investment of over $80k in capital expenditures, including foundation repair, carport roof repair, plumbing upgrades, and new fencing.
- Improved tenant quality through eviction of non-paying tenants and screening of replacements with full security deposits.
PROPERTY FACTS
| No. Units | 9 | Building Size | 9,996 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 0.53 AC | ||
| Zoning | Commercial | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 9,996 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 9 | $1,475 | 1,107 |
PROPERTY TAXES
| Parcel Number | 00119830 | Improvements Assessment | $1,116,880 |
| Land Assessment | $33,120 | Total Assessment | $1,150,000 |
PROPERTY TAXES
Parcel Number
00119830
Land Assessment
$33,120
Improvements Assessment
$1,116,880
Total Assessment
$1,150,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
