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Multiple SitesFort Worth, TX 76109
Bluebonnet Hills-TCU SFR Portfolio
Asset ClassMultifamily, Student Housing, Special Purpose, Senior Housing
overview of deal

Overview

Partners proudly presents a rare opportunity to acquire a stabilized, turnkey portfolio of nine single-family homes strategically located near Texas Christian University (TCU) in Fort Worth, Texas. Eight of the homes are situated in the highly desirable Bluebonnet Hills neighborhood, with the ninth located nearby at 2511 Lipscomb Street in the historic Ryan Place neighborhood. The portfolio has demonstrated consistent 100% occupancy during the academic year, catering primarily to TCU students. Vacancies are limited to short periods during the summer turnover season, highlighting the strong rental demand and reliable income stream.

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Investment Highlights

Occupancy
100%

9 single-family homes

Locations: Primarily Bluebonnet Hills; one home in Ryan Place (2511 Lipscomb St) •

Tenant Profile: Primarily TCU students

Renovation History:

  • Renovated in 1975: 3524 Corto Ave & 3609 Jeanette Dr
  • Renovated in 1995: 2521 Benbrook Blvd, 2801 W Biddison St, 3256 Rogers Ave, 3511 Corto Ave & 4171 Carolyn Rd
  • Newly constructed in 2022: 3517 Mission St
  • Renovated in 2015: 2511 Lipscomb S

CapEx/Upgrades: Improvements across the portfolio include new appliances, flooring, countertops, interior and exterior paint, foundation work, HVAC systems, water heaters, roofs, cabinetry, fencing, carpet, ceiling fans, and more

Multiple SitesFort Worth, TX 76109

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Listing provided by Revere CRE