NewValue-add
$1,995,000
8-Unit Multifamily in Fort Worth, TX
TX · listed Oct 27, 2026 (1 day)
Price per unit compared
This property$249K
Within ~40 mi (141)$150K
Texas median (1,035)$100K
- $/unit
- $249,375
- ▲ 149% vs TX · 90th pct
- Cap rate
- 2.4%
- ▼ 4.9 pts vs TX median
- NOI
- $48K
- $5,996/unit/yr
- Units
- 8
- 2 bldg · 1978
Financials
- Asking price
- $1,995,000
- Price per unit
- $249,375
- Price per sq ft
- $309
- Gross rent / year
- Not stated
- Net operating income
- $47,969
- NOI per unit
- $5,996
- Cap rate
- 2.4%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 1978
- Building size
- 6,452 sq ft
- Avg unit size
- 807 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 27, 2026
- Days on market
- 1 day
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2239
About this property
Offering thesis: a scarce contiguous eight-unit Arlington Heights portfolio with the operating simplicity of a single campus, the flexibility of two adjacent fourplexes and a defined path from current operations to stabilized income.
The offering includes two adjacent four-unit assets with an estimated combined building area of approximately 6,452 SF, resulting in an approximate $309/SF offering basis and $249K/unit basis.
Multifamily | 2.40% CAP | 8 Units
Highlights
- Mark-to-market rent potential: Opportunity to move average rents toward the $1,650-$1,750 target range as leases naturally roll.
- Recurring income upside: Potential to add utility reimbursements, pet rent, covered parking and other permitted recurring income streams.
- Operational efficiency: Potential for improved economics through competitive third-party management or experienced owner-operation.
- Expense optimization: Re-bid insurance, manage repairs proactively, review utilities and pursue annual tax protests where applicable.
- Financing flexibility: Two adjacent fourplexes may provide access to residential-style investor financing depending on lender/title review.
- Exit optionality: Potential to hold, refinance, sell separately or market together depending on future market conditions.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Fort Worth, TX | $2M | $249K$249K | 5.3%gy |
 Fort Worth, TXNew construction | $2.5M | $313K$313K | 7.4%gy |
 Fort Worth, TX | $750K | $125K$125K | — |
 Fort Worth, TXHigh yieldStabilized | $1.12M | $140K$140K | 8.4% |
 Fort Worth, TXNewValue-add | $1.1M | $183K$183K | — |
 Fort Worth, TXStabilized | $2.1M | $210K$210K | 5.2% |