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Multifamily

Mirador Apartments

Fort Worth, TX

350 Units

Built in 1998

Value Add

Investment Highlights

  • Exceptional Value-Add Opportunity, in Addition to Strong Operational Performance (97% Occupied, 98% Leased)
  • Low-Density Product (15.5 Units per Acre) with 72 Direct-Access Garages
  • Institutionally Owned and Maintained with Over $4.3M Spent on Capex Since 2018
  • RealPage Is Projecting 4.1% Effective Rent Growth f rom Q2 2021-Q4 2025
  • Discount to New Construction Competitors within Clearfork, Waterside, Near Southside, and West 7th District
  • More than 120K Jobs within 10-Mile Radius: Near Southside Medical District, Clearfork, Waterside, West 7th Street, Sundance Square, Lockheed Martin, Texas Health Harris Methodist Hospital Southwest Fort Worth

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