The Henderson

The Henderson

View Offering Memorandum and Financials

Offering Summary:

  • Location: Fort Worth, Texas
  • Year Built: 1999
  • Units: 194

Investment Highlights:

  • 1999 Vintage, Value-Add Asset in the Heart of Intown Fort Worth: 194-unit property bordering Downtown, Near Southside, and West 7th / Artisan Circle
  • Walkable Access to Major Employment & Amenities: Immediate area includes 100,000+ high-income jobs and 200+ retail / restaurant establishments
  • Proven Interior Value-Add Opportunity: Clear upside through continued interior renovations, with substantial remaining runway to capture additional rent growth
  • Attractive Below-Market Loan Assumption: 15-year Fannie loan with a 4.68% interest rate, full-term IO, maturing in 2033
  • 100% PFC Tax Abatement: 100% tax abatement via local 303 PFC structure with Fort Worth Housing

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