$7,125,000

Quadruplex In Fort Worth

  • 99 Beds
  • 48,000 Sqft
  • 3.68 Ac lot
  • Updated: Today
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21422253

About the Property

Multifamily Investment Opportunity – Phase I Completed & Phase II Shovel-Ready

32-unit multifamily development consisting of 8 buildings with 4 units per building.

Phase I: First 3 buildings (12 units) were completed earlier this year. All 12 units are fully leased.

Phase II: Remaining 5 buildings (20 units) are shovel-ready for construction.

Utilities: Elec
Multifamily Investment Opportunity – Phase I Completed & Phase II Shovel-Ready

32-unit multifamily development consisting of 8 buildings with 4 units per building.

Phase I: First 3 buildings (12 units) were completed earlier this year. All 12 units are fully leased.

Phase II: Remaining 5 buildings (20 units) are shovel-ready for construction.

Utilities: Electricity, water, sewer, and fiber optics have already been brought to each of the 5 remaining building sites individually.

Roads & Parking: All roads and parking concrete flatwork have already been completed.

Site Plan: Fully approved by the City.

Architectural Plans: Completed and ready for permit submission.

Permitting: Plans for one of the remaining 5 buildings have already been submitted and reviewed by the City, with only a couple of minor comments left to address.

Construction Cost: Builders quote to complete the remaining 5 buildings is in hand and can be shared with interested, qualified buyers.

Asking Price: Includes the budgeted construction cost to complete all remaining 5 buildings (20 units).

Financial Information: Detailed financials and project pricing breakdown are available upon request.

Profit Potential: Estimated xxx in potential profit-equity upon completion of Phase II, based on current project estimates.

This is an opportunity to acquire an income-producing multifamily property with an additional 20 units ready for development. With major infrastructure, utilities, roads, parking, and site approvals already completed, the project offers a significant head start on Phase II construction and the potential for substantial additional equity upon completion.
…
  • Property type

    Other

  • Year built

    2026

  • Price/sqft

    $148

Features

  • Walk In Closet
  • Open Kitchen
  • Investment Property
  • Parking
  • Stone Countertops
  • Kitchen island

Explore the Area

10520 Tube Drive, Fort Worth, Texas, United States View on Google Maps
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TEXAS ALLIANCE REAL ESTATE - Bedford

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TEXAS ALLIANCE REAL ESTATE - Bedford
Texas, United States
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2
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2026
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TEXAS ALLIANCE REAL ESTATE - Bedford
Bedford, Texas, United States
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Last updated
Today
First listed
October 28
Listing reference
21422253
Listing status
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