| CREOP

The Brentwood Court Apartments is a 43 unit, 1966-built multifamily asset located at 1901 Handley in Fort Worth, Texas. The Brentwood Court Apartments has excellent access to Interstate 820, Interstate 30, retailers. The property consists of 4 buildings on 1.19 acres, brick exteriors, concrete slab foundations, asphalt parking lot, pitched roofs, and mature trees and shrubs.
The property consists of 4 buildings on 1.19 acres, brick exteriors, concrete slab foundations, asphalt parking lot, pitched roofs, the assets lot is fenced, features a courtyard, community grill, picnic area, and has mature trees and shrubs. The property features an effective unit mix with thirty one bedroom one bath units at 651 sf, eleven two bedroom one bath units at 909 sf, it features one efficiency unit at 742 sf for an average of 702 sf.
The property is rich in quality amenities such as washer and dryer hookups, online services, property manager onsite, individual HVAC's, granite countertops, walk-in closets, ceiling fans, cable and high speed internet ready. Kitchens have granite counter tops, microwaves, dishwashers and garbage disposals, range ovens, and refrigerators. The units also feature stylish vinyl flooring, carpet, large closets, and nice linen closets.
New ownership can opt to add additional capital improvements to the units interior and exterior while shifting to stringent property management, improving occupancy, and potentially pass through the bulk of $35k in utility expenses to increase returns. In the last twelve months current management has paid $67k in payroll which is above market for a property this size. According to Dallas News the metro has eight million residents and is on course to have an additional one and a half million new residents by 2025 thus driving the demand for quality housing. Investors seeking a true rare value-added opportunity through capital improvements in one of America’s strongest markets should consider acquiring the Brentwood Court Apartments.

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Job prospects and income potential are some of the foremost considerations when people choose a city. And with the ever-growing, skilled talent pool, businesses are also finding Fort Worth as one of the top places in the nation to find quality employees. Finding and hiring quality talent is critical for business growth and success. Fort Worth has a robust educational system that includes six major universities within a 1-hour drive and a large community college system within the city.