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7424 Granbury RdFort Worth, TX 76123
The Ryder at Chisholm Trail
Asset ClassMultifamily
# Units270
A Proposed 270-Unit, Ground-Up, Luxury Multifamily Community in Fort Worth, Texas
overview of deal

Overview

The Ryder at Chisholm Trail offers a unique chance to invest in a high-quality asset in one of Texas’s most dynamic growth corridors.

 

Colliers Dallas Multifamily Advisors has been retained by Anthem Development as exclusive agent to arrange the development capitalization for The Ryder at Chisholm Trail, a proposed 270-unit, $53 million luxury multifamily community in Fort Worth, Texas. Strategically positioned along the highly visible Chisholm Trail Parkway and Granbury Road, this development offers exceptional access to major employment centers and boasts impressive surrounding demographics, including over 800,000 jobs within a 30-minute commute and average household incomes exceeding $100,000. Colliers is seeking an investor to contribute the majority of the equity portion of the overall capitalization of the development. The equity investor would receive an ownership interest in the property and a preferential return of and on their capital. The developer’s business plan calls for construction commencement in July 2025, initial occupancy in December 2026, and the sale of the project after occupancy stabilization is achieved in January 2028.

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Investment Highlights

Extremely Attractive All-In Basis

The Ryder’s all-in development cost is less than $200,000 per unit

 

Best In-Class Sponsor

Boasting a collective experience of over 100 years investing over $1B across 40,000 multifamily units

 

Excellent Visibility from Chisholm Trail Parkway

12-minute drive to Fort Worth CBD and 38,306 vehicles per day

 

High Growth Corridor

The Chisholm Trail Parkway fuels growth in Southwest Fort Worth

 

Connectivity to Major Employers

800k+ jobs within a 30-minute commute time

 

Proximity to Exceptional Retail Destinations

5 minutes from Hulen Mall / 10 minutes from the Shops at Clearfork

7424 Granbury RdFort Worth, TX 76123

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Listing provided by Revere CRE