Property
Beds
20
Full Baths
20
1/2 Baths
None
Year Built
1961
Sq.Footage
12,392
NEW OFFERING MEMORANDUM, FINANCIALS, AND RENT ROLL WILL BE AVAILABLE MONDAY, JULY 24. Location, land value, excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units, 16 completed updated, 4 some updates (long term residents). All 1 bd, 1 bth. Close to Magnolia District, TCU, Medical District, public trnsprtn. Renovated boutique style community. New flooring, tile, paint, and fixtures. 2 walk in closets in each bedroom! Most kitchens have all new stainless steel appliances. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) New Pavement parking lot and paint assigned spaces (2023) Cosmetic updates completed over 3 yrs. Professionally managed. Seller will not seller finance or carry any portion of the loan. Title is already open at Independence Title and will not be moved.
Features & Amenities
Interior
-
Other Interior Features
Granite Counters, Natural Woodwork, Open Floorplan, Walk-In Closet(s)
-
Total Bedrooms
20
-
Bathrooms
20
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Electric, Other
-
Heating YN
YES
-
Heating
Electric, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Brick, Concrete, Vinyl Siding
-
Parking
Assigned, Parking Lot, Private
-
Patio and Porch Features
Awning(s), Covered, Wrap Around
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.344
-
Lot Size(square feet)
14984.64
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,750,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Morningsid
-
Middle School
Rosemont
-
High School
Polytechni
Property Features
-
Accessibility Features
Accessible Entrance, Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Hallway(s)
-
Foundation Details
Pillar/Post/Pier
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Tarrant
Elementary School
Morningsid
Middle School
Rosemont
High School
Polytechni
Listing Courtesy of Judy Andujar , Navigate Management Co. LLC
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