2329 Benbrook DrFort Worth, TX 76110

Property Details for 2329 Benbrook Dr

Year built

2023

Property size (Sq ft)

18,603 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a portfolio of eight luxury duplex units, totaling 40 bedrooms and 40 bathrooms, ideally situated near Texas Christian University (TCU) in Fort Worth, Texas. Completed in July 2023, these four Class A buildings boast 18,603 square feet across four stories, situated on lots ranging from 6,054 to 6,272 square feet. Each unit features high-end finishes including oversized kitchens with quartz countertops, stainless steel appliances, large balconies, and on-site parking (5 spaces per unit). Individual units also include their own heating and air conditioning systems, two stackable washer/dryer units, and tankless hot water heaters. Currently 100% leased through May 2025 with no concessions offered, this portfolio offers a 6.10% cap rate and a price per unit of $897,500, with an asking price of $7,180,000. The property's prime location, approximately 0.4 miles from the TCU campus, ensures strong rental demand and long-term stability. The portfolio is zoned BU-RX4 and includes four buildings with a total of eight units. This is a turnkey investment opportunity in a high-growth area, offering immediate cash flow and significant potential for future appreciation. The property addresses are 2329 Benbrook Dr, 3225 McCart Ave, 3217 Forest Park Blvd, and 3220 Forest Park Blvd, all in Fort Worth, TX 76110. The APNs are 00392847

Location Insight

City

Fort Worth

County

Tarrant

State

Texas

Latitude

32.7032

Longitude

-97.3516

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