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Multifamily

The Park at Bellevue

Fort Worth, TX

264 Units

Built in 1986

Value Add

Investment Highlights

  • 264 well-maintained value-add units in West Fort Worth
  • Unique opportunity to instantly turn vacant units that current ownership doesn't have the capacity to turn
  • Potential to reposition and rebrand the community while leasing at in-place market rents
  • Recently completed CapEx renovations include updates to the clubhouse, swimming pool and grilling station
  • 1980's vintage product in the submarket has averaged 3.8% year-over-year rent growth for the last 2 years

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