2500 S University Drive, Fort Worth, Texas 76109

$4,000,000
List Price
$4,000,000
MLS#
20623953
Status
ACTIVE
Type
Multifamily
Year Built
1929
Construction Status
Preowned
Acres
0.72
County
Tarrant
City
Fort Worth
Subdivision
University Place Add
Building Name
Sasha at University

Property Description

Sasha at University is a 20-unit multifamily property located in the West University submarket in Fort Worth. Built in 1929, the property offers a mix of both one and two-bedroom units. The community is located within walking distance to TCU and various retail and restaurants. Attractions such as the Cultural District, Fort Worth Zoo, and Fort Worth Botanic Garden are all within a 5-6 minute drive. The property is also adjacent to a neighborhood with homes valued at over $1 million. Plumbing and electric were updated by previous owner and roof replaced in 2018. Each unit has a full-sized washer and dryer connection, 10 foot ceilings, granite countertops and hardwood floors. Boost NOI by including short and mid-term rentals to capture rental premium. The location makes it attractive for traveling healthcare professionals, students, TCU visitors, and others seeking temporary accommodation. Property is in Zoning District E, which is Neighborhood Commercial.

Additional Information

Unexempt Taxes
$64,773
HOA
No HOA
Lot Size
31,145
Acres
0.72
Subdivided
No
Interior Features
Cable TV Available, Granite Counters, High Speed Internet Available
Flooring
Tile, Vinyl, Wood
Foundation
Pillar/Post/Pier
Roof
Flat, Shingle, Other
Stories
2
Street Utilities
City Sewer, City Water
Heating Cooling
Central, Electric
Construction Material
Brick, Frame
Carport Spaces
12
Parking Garage
Assigned, Carport
Total Num Parking
25
School District
Fort Worth Isd
Elementary School
Tanglewood
Middle School
Mclean
High School
Paschal
Possession
Closing/Funding
Building Sq. Ft.
19980
Number of bldgs.
2
Number of units
20
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Esther Cho from GSFREA LLC. Contact: