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61-Unit Apartment Complex
For Sale
Contact for pricing
Pending

2918 Sycamore School Road, Fort Worth, TX 76133

Three 3-story buildings totaling 61 units with individually metered electricity and replaced 2018 roofs.

Property SizeContact for details
Days on Market144

Property Features for 2918 Sycamore School Road

General Information

Standard status Pending
Class B
Property subtype Multifamily, Land

Site & Location

Traffic Count 23,107 vehicles/day
Highway Access Yes

Additional Details

Multifamily Units 61

Building Details

Year Built 1986
Stories 3
Listing Agency: GREA
Listed By: Sean Reynolds · License #TX 620458
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 29 at 6:24AM

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 GREA

Investment Insights

Based on property information with market context.

Villa Monterrey, constructed in 1986, is comprised of 61 units across three 3-story buildings. The structures feature a combination of masonry and wood siding under pitched composition roofs that were completely replaced in 2018. Unit layouts range from 598 SF to 1,275 SF, with one-third of the units offering 1-bedroom plans and two-thirds offering 2- and 3-bedroom plans. The community also includes a stand-alone leasing/management office with a laundry room, mail center, and a swimming pool. Each unit has individual metering for electricity, individual HVAC units, and electric water heaters, and a RUB program is in place for water and trash.

The property is located approximately 2 miles south of I-20 off Sycamore School Road in the South Fort Worth submarket. The closest major intersection is Sycamore School Road and McCart Avenue, where numerous retail and restaurant options are within walking distance, including Walmart Supercenter, Starbucks, Albertsons, Walgreens, 7-Eleven, BBVA Compass Bank, Chase Bank, Dollar Tree, Domino’s Pizza, Payless Shoes, Rosa’s Café, Sonic, Taco Bell, and Wingstop. Sycamore School Road in front of the property is described as heavily traveled with an average daily traffic count of 23,107 cars per day. The listing also cites nearby major employers within 5 miles, including Alcon Laboratories, Ben E. Keith Foods, Miller Coors – Fort Worth Brewery, and Southwestern Baptist Theological Seminary.

Key Highlights

  • Villa Monterrey in Fort Worth, TX: 61‑unit multifamily across three 3‑story buildings
  • Constructed in 1986; pitched composition roofs were completely replaced in 2018
  • Unit mix: floor plans from 598 SF to 1,275 SF; one‑third 1‑bedroom and two‑thirds 2- and 3‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

61
Residential units
23,107 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby

Demographics for 76133, TX

51,811
Population
20,080
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
9.3 sq mi
ZIP Area
5,571
Density / Sq Mi
$71,722
Median Household Income
$42,409
Median Earnings
$1,399
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three 3-story buildings totaling 61 units with individually metered electricity and replaced 2018 roofs.
Where is this apartment building located?
The property is located at 2918 Sycamore School Road Fort Worth, TX.
What are key features of this property?
This property features: Villa Monterrey in Fort Worth, TX: 61‑unit multifamily across three 3‑story buildings; Constructed in 1986; pitched composition roofs were completely replaced in 2018; Unit mix: floor plans from 598 SF to 1,275 SF; one‑third 1‑bedroom and two‑thirds 2- and 3‑bedroom units
More about this property
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