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Property profile & analytics
OFF-MARKET
Apartment buildings

5117 Hampshire Blvd Fort Worth, TX 76112

Built 1962
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1962
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lockwood Estate Villas Apartment Building Apartment Complex
  • Hampshire Terrace Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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