The Merritt 36-Unit
For Sale
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111 Merritt St, Fort Worth, TX 76114
New-construction apartment community with balanced one- and two-bedroom layouts, contemporary finishes, and MU-1 zoning.
Property Size37,573 SF
Days on Market157
Property Features for 111 Merritt St
General Information
Standard status
Active
Size
37,573 SF
Class
A
Property subtype
Hospitality, Multifamily
Zoning
MU-1
Occupancy
40%
Investment Type
Value Add
Units
Unit Mix
18 x 1BR/1BA, 18 x 2BR/2.5BA
Multifamily Units
36
Building Details
Year Built
2025
Buildings
4
Stories
3
Units
36
Construction
brick/stucco
Listing Agency:
League Commercial
Listed By:
Ross Utley · License #TX 0657253
Source:
Crexi
Added: Mar 27
Changed: Aug 29
Last Checked: Aug 29 at 5:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of League Commercial
Investment Insights
Based on property information with market context.
Built in 2025, The Merritt is a 36-unit apartment development comprising four buildings and 37,573 square feet. The unit mix is evenly divided between 18 one-bedroom, one-bath residences and 18 two-bedroom, two-and-a-half-bath residences. Improvements include brick and stucco exteriors, concrete foundations, pitched composition roofs, a paved parking area, and landscaped grounds. Interior features include luxury vinyl flooring, quartz countertops, decorative lighting, and stainless steel appliances.
The property is located at 111 Merritt St in Fort Worth’s River District and carries MU-1 zoning. The source information states that the zoning permits short-term rental operations, including Airbnb and VRBO. Current property management has 14 units leased under traditional one- to two-year terms, while the remaining units may support additional leasing or short-term-rental operations as leases expire. The development is also described as suitable for boutique-hotel operations and includes space for potential additions such as dog runs, micro-courtyards, bike racks, parcel lockers, and EV charging stations.
The property is located at 111 Merritt St in Fort Worth’s River District and carries MU-1 zoning. The source information states that the zoning permits short-term rental operations, including Airbnb and VRBO. Current property management has 14 units leased under traditional one- to two-year terms, while the remaining units may support additional leasing or short-term-rental operations as leases expire. The development is also described as suitable for boutique-hotel operations and includes space for potential additions such as dog runs, micro-courtyards, bike racks, parcel lockers, and EV charging stations.
Key Highlights
- 36‑unit apartment development across 4 buildings
- Even mix of 18 one‑bedroom and 18 two‑bedroom units
- Built in 2025 with 37,573 square feet
Property Analytics
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
Explore this area
Business Placement
Demographics for 76114, TX
26,676
Population
10,648
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
76%
High-School Grad
9.7 sq mi
ZIP Area
2,750
Density / Sq Mi
$61,055
Median Household Income
$40,145
Median Earnings
$1,231
Median Rent
$195,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - New-construction apartment community with balanced one- and two-bedroom layouts, contemporary finishes, and MU-1 zoning.
Where is this apartment building located?
The property is located at 111 Merritt St Fort Worth, TX.
What are key features of this property?
This property features: 36‑unit apartment development across 4 buildings; Even mix of 18 one‑bedroom and 18 two‑bedroom units; Built in 2025 with 37,573 square feet
