7120 Anderson Blvd Fort Worth, TX 76120
- Apartment buildings
- 240,405 SF
Current Use by Public Records
- Apartment buildings
Property Details for 7120 Anderson Blvd
- Year built
- 2026
- Property size
- 240,405 SF
- Property type
- Apartment buildings
Description
Exceptional investment opportunity: Vic Centre Apartments, a Class A, 268-unit apartment building in Fort Worth, Texas. This stunning, newly constructed property (completion in 2026) boasts 240,405 square feet, with 197,200 square feet of net rentable space. Priced at $69,964,677 ($261,062 per unit and $291.03 per square foot), it offers a compelling 4.95% cap rate and a strong NOI of $3,463,251. The property features nine buildings and ample parking for 402 vehicles. Its prime location at 7120 Anderson Blvd, Fort Worth, TX 76120, offers exceptional visibility from the intersection of I-30 and I-820, providing easy access to downtown Fort Worth (15 minutes) and downtown Arlington (15 minutes). Anderson Blvd will undergo improvements as part of this development. Offers will be considered contingent upon project completion and issuance of a Certificate of Occupancy from the City of Fort Worth. This is a fully built project, reflecting the asking price. The property's APN is 42894113.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2039
- Latitude
- 32.7622
