5117 Hampshire Blvd Fort Worth, TX 76112
This exceptional 32-unit apartment building, located at 5117 N Hampshire Blvd, Fort Worth, TX 76112, presents a compelling investment opportunity. Built in 1962 and extensively renovated in 2018, the property boasts a strong rental history and significant value-add potential. The asking price is $2,500,000, translating to an attractive price per unit of $78,125. The property is authorized for Section 8 Housing, with approved rent at $1,250 per unit, ensuring consistent cash flow. Over $1 million in capital expenditures since 2017 have modernized key infrastructure, including updated copper wiring and PVC plumbing. Resident convenience is enhanced by on-site laundry facilities. Recent improvements also include a repaved parking lot and new fencing. The property benefits from its strategic location within a network of major thoroughfares experiencing approximately 100,000 vehicles per day, and enjoys strong market demographics with consistent rental demand and comparatively affordable property values compared to neighboring areas. This multifamily asset offers a blend of stable income and significant upside potential for a savvy investor.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.