For Sale
$69,964,677

7120 Anderson BlvdFort Worth, TX 76120

Luxury Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional investment opportunity: Vic Centre Apartments, a Class A, 268-unit apartment building in Fort Worth, Texas. This stunning, newly constructed property (completion in 2026) boasts 240,405 square feet, with 197,200 square feet of net rentable space. Priced at $69,964,677 ($261,062 per unit and $291.03 per square foot), it offers a compelling 4.95% cap rate and a strong NOI of $3,463,251. The property features nine buildings and ample parking for 402 vehicles. Its prime location at 7120 Anderson Blvd, Fort Worth, TX 76120, offers exceptional visibility from the intersection of I-30 and I-820, providing easy access to downtown Fort Worth (15 minutes) and downtown Arlington (15 minutes). Anderson Blvd will undergo improvements as part of this development. Offers will be considered contingent upon project completion and issuance of a Certificate of Occupancy from the City of Fort Worth. This is a fully built project, reflecting the asking price. The property's APN is 42894113.

Highlights

  • 15-minute commute to Downtown Fort Worth.
  • 15-minute drive to Downtown Arlington.
  • Excellent freeway visibility.

Property Details for 7120 Anderson Blvd

Property type
Apartment buildings
Square Feet
240,405 SF
Class
A
Year Built
2026
Buildings
9
Units
268

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.762199249876
Longitude
-97.203871310646
7120 Anderson Blvd, Fort Worth, Texas

FAQs

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7120 Anderson Blvd
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