Contacts
Byron Griffith
GREA
Angel Flores
GREA
Craig Jasso
GREA
Property Details
- Property Type Other
- Property Size 37,900 SF
- Units 46
- Additional Rent Contact for pricing
- Year Built 1970
- Date Updated Nov 4, 2024
Richland Court Apartments & Townhomes is a renovated 46-unit multifamily community located in Richland Hills, a suburb of Fort Worth. The property was built in 1970 and is comprised of 5, two-story buildings with brick siding, situated on a total area of 1.68 acres. Richland Court offers spacious and well-appointed one- and two-bedroom floor plans. Amenities may vary by unit and include vinyl wood plank flooring throughout, fully equipped kitchens and contemporary bathrooms with tiled tub and shower surrounds. A property management office is on-site, and ample parking spaces are provided.
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Highlights
- Prime Location: Just 15 minutes from Downtown Ft. Worth, DFW Airport, and major highways, with proximity to malls and key amenities.
- Upside Potential: Under new management for 12 months, economic vacancy improving in the last 6 months. Numerous value-add opportunities available, including exterior revitalization, utility improvements, and amenities enhancement.
- Community Benefits: Located near bustling intersections, retail outlets, and educational institutions. Strong median household income within a 3-mile radius.
- Well-Maintained Asset: Strong unit mix, individual HVAC, and hot water systems. Features include ample parking, clothes care facility, and select units with premium upgrades.
- Capital Improvements: Over $1M invested in both exterior and interior upgrades, enhancing aesthetic appeal and functionality.
- Financing Options: Positive leverage with assumable FSBL proceeds and favorable fixed rates, offering flexibility for potential buyers.
Attachments
Getting around
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Location
- City Richland Hills, TX
- Zip Code 76118
- Market Dallas Fort Worth
Points of Interest
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Trinity Lakes
1.97 miles
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North Richland Hills/Smithfield
2.78 miles
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Mercantile Center
3.66 miles
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North Side
6.62 miles
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Grapevine Vintage Railroad Tickets
7.23 miles
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Fort Worth Central
7.63 miles
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Sunoco
0.51 miles
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QuikTrip
0.57 miles
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ChargePoint
1.00 miles
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Walmart
1.04 miles
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Shell
1.21 miles
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Sam's Club
1.37 miles
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RaceTrac
1.59 miles
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Chevron
1.61 miles
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EVgo
2.64 miles
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Tesla Supercharger
3.98 miles
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Painted Tree Marketplace - Parking Lot
1.15 miles
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Iron Horse Station Park-n-Ride
1.59 miles
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TRE Richland Hills - Park and ride
2.03 miles
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Parking Lot H
2.42 miles
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Parking Lot F
2.48 miles
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Parking Lot I
2.49 miles
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Parking Lot G
2.59 miles
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Smithfield Station - Park and Ride
2.72 miles
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Mercantile Center Station - Park and Ride
3.58 miles
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Mercantil Center - Park-n-Ride
3.75 miles
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Travelodge North Richland Hills/Dallas/Ft Worth
1.31 miles
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La Quinta Inn And Suites
1.38 miles
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Fairfield Inn & Suites
1.40 miles
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Americas Best Value Inn Ft. Worth Hurst
1.63 miles
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Quality Inn & Suites North Richland Hills
2.00 miles
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Americas Best Value Inn & Suites
2.27 miles
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Hilton Garden Inn Dallas at Hurst Conference Center
2.42 miles
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Hampton Inn & Suites
2.65 miles
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Holiday Inn Express & Suites
2.68 miles
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Candlewood Suites Dallas Fort Worth Fossil Creek
2.74 miles
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Kroger
0.26 miles
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WinCo Foods
1.09 miles
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Walmart Neighborhood Market
1.10 miles
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Walmart Supercenter
1.36 miles
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TJ Maxx
1.61 miles
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Ross
1.62 miles
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Dillard's
1.76 miles
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North East Mall
1.78 miles
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Save-A-Lot
2.16 miles
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Albertsons
2.21 miles
In-Depth Research Available for this Property
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