Unique, Infill Downtown Fort Worth Asset: 210-unit midrise located in the heart of Downtown Fort Worth, within walking distance of Sundance Square and the CBD’s dining, entertainment, and employment base.
Authentic Urban Loft Product: The property offers a differentiated mix of studio, one- and two-bedroom loft-style residences featuring soaring ceilings, open floor plans, and modern interior finishes that appeal to renters seeking an urban living experience.
2000s Vintage Value-Add Opportunity: Built in 2005, the property offers meaningful upside through the continuation and expansion of the existing interior renovation program.
Meaningful Ancillary Parking Income: 65 direct-access & detached garages generate monthly premiums of $150–$250, supplemented by 65 tandem spaces and 241 open parking spaces.
Benefits from Transformational Downtown Investment: The asset sits within a district benefiting from billions of dollars of public and private investment, including the Texas A&M-Fort Worth expansion, the Convention Center redevelopment, and the Panther Island initiative.
Supply-Constrained Urban Core: Downtown Fort Worth remains one of the region’s most difficult locations to replicate, with a limited inventory of conventional apartment communities and strong barriers to new development within the established urban core.
Exceptional Employment Connectivity: The property is strategically positioned near more than 50,000 downtown employees, major corporate users, government offices, and expanding educational and innovation-oriented employment centers throughout the CBD.
Attractive Loan Assumption Opportunity with Below-Market Rate: Assumable, in-place Freddie Mac loan with 4.51% interest rate maturing in April 2030.
